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India's October unemployment rate climbs up to 6.98%, CMIE data shows

India's unemployment rate in October rose to 6.98% from 6.67% in September, according to data released by the Centre for Monitoring Indian Economy

The enigma of low unemployment rates

A person holds up a 'Looking for a job' board

Reuters NEW DELHI

NEW DELHI (Reuters) - India's unemployment rate in October rose to 6.98% from 6.67% in September, according to data released by the Centre for Monitoring Indian Economy (CMIE).

The novel coronavirus has infected nearly 8.2 million people in the world's second-most populous nation, hitting large parts of the economy.

Economic activity has resumed after the government eased pandemic lockdown restrictions.

 

 

(Reporting by Manoj Kumar; Editing by Shri Navaratnam)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Nov 02 2020 | 10:47 AM IST

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