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Indian Economy - Understanding the basics of Indian economic system

03-Oct-22

Unemployment rate drops to 6.4% in Sept; lowest in 4 yrs

India's unemployment rate fell to 6.43% in September 2022, its lowest level since August 2018.

Unemployment rate was 8.3% highest in one-year n August 2022, the latest data shared by the private think tank Centre for Monitoring Indian Economy (CMIE) shows.
The jobless rate fell in both urban and rural parts of the country, thanks to the addition of new jobs during September 2022.
In urban areas, the unemployment rate fell to 7.7% from 9.57%, while it dropped to 5.84% from 7.68% in rural areas of the country.

By: Brijesh Kumar

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