India’s unemployment rate drops to 6.43 pc in September: CMIE

India’s unemployment rate drops to 6.43 pc in September: CMIE

During August, India's unemployment rate surged to a one-year high of 8.3 per cent as employment sequentially fell by 2 million to 394.6 million.

India's unemployment rate drops to 6.43% in September: CMIE

The unemployment rate in the rural areas fell to 5.84% in September from 7.68% in August, while in the urban areas it dropped to 7.70% against 9.57% in the previous month.

India's unemployment rate drops to 6.43 per cent in September: CMIE

​Last month, unemployment rate surged to 8.3 per cent as employment sequentially fell by 2 million to 394.6 million. "In September, the unemployment rate has fallen significantly with an increase in labour participation in both urban and rural areas," CMIE managing director Mahesh Vyas told PTI.