India's December jobless rate hits four-month high of 7.9%: CMIE
The Hindu
Urban unemployment rate rose to 9.3% in December from 8.2%in the previous month while the rural unemployment rate was up 7.3% from 6.4%, the data showed
India's unemployment rate hit a four-month high in December, data from the Centre for Monitoring Indian Economy (CMIE) showed on January 3.
The unemployment rate rose to 7.9% in December from 7% in November, its highest since 8.3% in August.
Economic activity and consumer sentiment have been hit in the country after a rise in cases of the Omicron variant and social distancing restrictions in many States.
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