India's unemployment rate rises to 3-month high of 7.8 pc in March: CMIE

Updated: Apr 1 2023 7:24PM

Mumbai, Apr 1 (PTI) India's unemployment rose to a three-month high in March to 7.8 per cent as the country's labour markets deteriorated, according to data from the Centre for Monitoring Indian Economy (CMIE).

Unemployment rate in the country surged in December 2022 to 8.30 per cent but declined in January to 7.14 per cent. It edged up again in February to 7.45 per cent, the CMIE data released on Saturday showed.

During March, the unemployment rate in urban areas was at 8.4 per cent while in the rural areas it was at 7.5 per cent.