India’s jobless rate declined to four-month low of 7.14% in January- CMIE

India's jobless rate declined to four-month low of 7.14% in January- CMIE


India’s unemployment rate fell to 7.14% in January, the lowest in four months, from 8.30% in the previous month, data from the Centre for Monitoring Indian Economy (CMIE) showed on Wednesday.

The urban unemployment rate declined to 8.55% in January from 10.09% in the previous month, while the rural unemployment rate slipped to 6.48% from 7.44%, the data showed.

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