Jobless rate steady as rural gains offset urban strain
New Delhi, Nov. 18 -- India's unemployment rate for people aged 15 and above held steady at 5.2% in October, unchanged from September, according to the latest government data released on Monday.
An easing in rural joblessness, down from 4.6% to 4.4%, was offset by a modest uptick in urban unemployment, which inched up from 6.8% to 7%, leaving the overall unemployment rate broadly stable from the previous month, showed the periodic labour force survey (PLFS) data released by the ministry of statistics & programme implementation (MoSPI).
The unemployment rate measures the share of people in the labour force who are without work, actively seeking a job, and available to take up employment.
To be sure, September marks the peak harvest season fo...
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