...
...
Next Story

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

Nationwide joblessness rate rose to 8.11% in April from 7.8% in March. Urban unemployment climbed to 9.81% from 8.51% and rural unemployment fell marginally.

Published on: May 02, 2023 01:12 PM IST
Bloomberg |
Prefer HTon Google
Advertisement

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

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. (File)
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. (File)

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.

 
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.
SHARE THIS ARTICLE ON
Hindustantimes wants to start sending you push notifications. Click allow to subscribe