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The Times of India
The Times of India
Business
Bloomberg

Unemployment rate climbs to 4-month high in April: CMIE survey

CMIE Unemployment India Mahesh Vyas Economy Asia New Delhi

NEW DELHI: India’s unemployment rate climbed to a four-month high, the latest data showed, as there were more people joining the workforce compared to available jobs in Asia’s third largest economy.

Creating enough 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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