India’s Unemployment Rate Climbs to Four-Month High in April
- There were more people than jobs, according to CMIE data
- More jobs were created in rural areas than in urban districts
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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.