Home FEATURED NEWS India Jobless Rate Rises to More Than Two-Year High, CMIE Says

India Jobless Rate Rises to More Than Two-Year High, CMIE Says

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India’s unemployment fee climbed to the very best in additional than two years in October as joblessness in rural areas elevated, in keeping with a personal analysis agency.

The total fee rose to 10.05% final month from 7.09% in September, information from the Centre for Monitoring Indian Economy Ltd. confirmed, the very best since May 2021. Rural unemployment jumped to 10.82% from 6.2%, whereas the city fee eased barely to eight.44%.

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