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India – Unemployment rate falls sharply in September (The Economic Times)

07 October 2021

India’s unemployment rate fell sharply in September to 6.86% against 8.32% in August as 8.5 million additional jobs were created last month with the majority of them created in rural India with construction activity picking up pace, reports The Economic Times, citing data from the Centre for Monitoring Indian Economy. The data showed that the creation of additional jobs pushed up India’s employment rate to 37.87% in September as compared to 37.15% in August. Further, the employment rate in rural India jumped by 0.85% to 39.53% in September against 38.68% in August while in urban India this grew to 34.62% compared with 34.15% in August.