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Business News/ News / India/  India’s unemployment rate climbs to four-month high in April
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India’s unemployment rate climbs to four-month high in April

India’s unemployment rate climbed to a fourth-month high, the latest data showed, even though rural jobs ticked up slightly.

The nationwide joblessness rate rose to 8.11% in April from 7.8% in March.Premium
The nationwide joblessness rate rose to 8.11% in April from 7.8% in March.

India’s unemployment rate climbed to a fourth-month high, the latest data showed, even though rural jobs ticked up slightly.

The nationwide joblessness rate rose to 8.11% in April from 7.8% in March. Urban unemployment climbed to 9.81% from 8.51% in the same period and rural unemployment fell marginally to 7.34% in April from 7.47% a month ago, data from the research firm Centre for Monitoring India Economy showed.

Creating jobs for India’s burgeoning population will remain a key challenge for Prime Minister Narendra Modi’s government, especially as he looks to a third term in office in national elections due next summer.

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This story has been published from a wire agency feed without modifications to the text.

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Published: 02 May 2023, 05:07 PM IST
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