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Unemployment rate in India rises to highest in three months

Mumbai: A report published by Centre for Monitoring Indian Economy (CMIE) revealed that the unemployment rate in the country has touched highest in three months. The unemployment rate in last month is 8%. It was at 7.77% in October this year.

The urban unemployment rate rose to 8.96% in November from 7.21% in the previous month. The  rural unemployment rate slipped to 7.55% from 8.04%.

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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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