Unemployment rate rises again, at 7.75% in Oct
Unemployment rate rises again, at 7.75% in Oct
According to Centre for Monitoring of Indian Economy (CMIE), India’s unemployment rate spiked to 7.75% in October from 6.86% a month ago. While urban joblessness rate fell to 7.38%, lowest in three months, the rural joblessness rate rose to its four-month high of 7.91% in October.