For the week ended December 12: ‘Urban jobless rate at double-digit level’

Urban unemployment price spiked to double-digit price for the primary time in 17 weeks, to succeed in 10.09 per cent for the week-ended December 12, pushing the nation’s total joblessness price to a nine-week excessive of 8.53 per cent, in keeping with the Centre for Monitoring Indian Economy (CMIE). Rural joblessness price too was at a nine-week excessive of seven.42 per cent throughout the week. Amidst the rise in rural unemployment price, there has additionally been a fall in employment technology underneath MG-NREGS. FE