November’s unemployment rate declines as the agricultural sector creates more jobs in rural areas.
Based on a drop in unemployment in rural areas during the rabi-sowing season, India’s total jobless rate in November dropped to 9.16% from a 29-month high of 10.05% in October, according to data from the Centre for Monitoring Indian Economy (CMIE). While the urban jobless rate increased to 9.39% from 8.44% in November, the rural…