You are here: Home » Current Affairs » News » National
Business Standard

India's Oct unemployment rate rises to 8.5%, highest in over 3 years: CMIE

India's infrastructure output fell 5.2% in September from a year earlier, the worst performance in years

Reuters  |  New Delhi 

unemployment, jobs

India's rate in October rose to 8.5%, the highest since August 2016, and up from 7.2% in September, according to data released by the Centre for Monitoring Indian Economy (CMIE) on Friday, reflecting the impact of a slowdown in the economy.
.

India's infrastructure output fell 5.2% in September from a year earlier, the worst performance in years, government data showed on Thursday, while the industrial output shrank at its fastest rate in more than six years in August.

First Published: Fri, November 01 2019. 11:12 IST
RECOMMENDED FOR YOU