In what could be seen as a more realistic indicator of the unemployment scenario in Gujarat, about 17 lakh candidates reportedly applied for 3,400 vacant posts of Talati cum Minister or village panchayat secretary a few months ago.
India’s unemployment rate rose to 8.0% in November, highest in three months, from 7.77% in the previous month, data from the Centre for Monitoring Indian Economy (CMIE) showed on Thursday.
The urban unemployment rate rose to 8.96% in November from 7.21% in the previous month, while the rural unemployment rate slipped to 7.55% from 8.04%, the data showed.
It should be also noted India’s overall jobless rate climbed in October, led by a sharp rise in rural unemployment .
The jobless rate rose to a two-month high of 7.77% in October , from a four-year low of 6.43% in September
Rural unemployment rate climbed to 8.04% in October from 5.84% in September, while urban jobless rate was at 7.21% compared to 7.7% a month before.
Rural unemployment rate was high even in the comparable year-ago period at 7.91%, only to fall sharply the following month to 6.41%.
The data from the Mumbai-based CMIE is closely watched by economists and policymakers as the BJP led union government does not release its own monthly figures.
In what could be seen as a more realistic indicator of the unemployment scenario in Gujarat, about 17 lakh candidates reportedly applied for 3,400 vacant posts of Talati cum Minister or village panchayat secretary a few months ago.
India’s unemployment rate rose to 8.0% in November, highest in three months, from 7.77% in the previous month, data from the Centre for Monitoring Indian Economy (CMIE) showed on Thursday.
The urban unemployment rate rose to 8.96% in November from 7.21% in the previous month, while the rural unemployment rate slipped to 7.55% from 8.04%, the data showed.
It should be also noted India’s overall jobless rate climbed in October, led by a sharp rise in rural unemployment .
The jobless rate rose to a two-month high of 7.77% in October , from a four-year low of 6.43% in September
Rural unemployment rate climbed to 8.04% in October from 5.84% in September, while urban jobless rate was at 7.21% compared to 7.7% a month before.
Rural unemployment rate was high even in the comparable year-ago period at 7.91%, only to fall sharply the following month to 6.41%.
The data from the Mumbai-based CMIE is closely watched by economists and policymakers as the BJP led union government does not release its own monthly figures.
