India: Jobless Rate Rises To 6.98% In October, CMIE Report

India’s unemployment rate in October rose to 6.98% from 6.67% in September, according to data released by the Centre for Monitoring Indian Economy (CMIE). The novel coronavirus has infected nearly 8.2 million people in the world’s second-most populous nation, hitting large parts of the economy. Economic activity has resumed after the government eased pandemic lockdown restrictions.

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