NEW DELHI: India’s overall jobless rate climbed in October, led by a sharp rise in rural unemployment after the end of harvest of monsoon-sown crops, according to a private research firm.
The jobless rate rose to a two-month high of 7.77% last month, from a four-year low of 6.43% in September, data from the Centre for Monitoring Indian Economy Pvt showed. Rural unemployment rate climbed to 8.04% from 5.84% in September, while urban jobless rate was at 7.21% compared to 7.7% a month before.
