India’s unemployment rate drops to 6.43% in September

India’s unemployment rate drops to 6.43% in September: As per the data released by the Centre for Monitoring Indian Economy (CMIE), the unemployment rate of India has been dropped drastically to 6.43% in 2022 September.

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Reason: On the back of increase in labour participation in the rural and urban areas.

As per the data, unemployment rate was the highest in Rajasthan (23.8), followed by Jammu and Kashmir (23.2%) per cent, Haryana (22.9%), Tripura (17%), Jharkhand (12.2) and Bihar (11.4%).

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