India’s October Jobless Rate Rises To 8.5%, Highest In Over 3 Years – CMIE
Nov 1, 2019 | Pratirodh Bureau
FILE PHOTO: Job seekers attend a job fair organised by the employment department of the Delhi state government in New Delhi on January 21, 2019
India’s unemployment rate in October rose to 8.5%, the highest since August 2016, and up from 7.2% in September, according to data released by the Centre for Monitoring Indian Economy (CMIE) on Friday, reflecting the impact of a slowdown in the economy.
India’s infrastructure output fell 5.2% in September from a year earlier, the worst performance in years, government data showed on Thursday, while the industrial output shrank at its fastest rate in more than six years in August.