India's jobless rate rises to three-month high of 8% in Nov - CMIE
Reuters
Published Nov 30, 2022 11:03PM ET
NEW DELHI (Reuters) - India's unemployment rate rose to 8.0% in November, highest in three months, from 7.77% in the previous month, data from the Centre for Monitoring Indian Economy (CMIE) showed on Thursday.
The urban unemployment rate rose to 8.96% in November from 7.21% in the previous month, while the rural unemployment rate slipped to 7.55% from 8.04%, the data showed.
The data from the Mumbai-based CMIE is closely watched by economists and policymakers as the government does not release its own monthly figures.
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Written By: Reuters
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