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Joblessness in October rises to 8.5%, highest in over 3 years

Nov 01, 2019 16:39 IST

India's unemployment rate in the month of October has jumped to 8.5%, which is the highest in over three years. Fresh data released by the Centre for Monitoring Indian Economy (CMIE) showed that the rise in India's unemployment rate in October was the highest since August 2016. While the government has been announcing a pool of measures to increase demand, the slowdown in jobs is being seen as the impact of slowdown in the country's economic growth.

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Oct 01, 2020 12:10 IST