India’s unemployment rate rose to 7.9% in December: Private think-tank CMIE

Economic activity and consumer sentiments have been impacted following the rise in COVID-19 cases.

New Delhi: India’s December unemployment rate rose to 7.9% from June’s figure of 7.0%, data from the Center for Monitoring Indian Economy (CMIE) showed on Monday.

Economic activity and consumer sentiments have been hit in the South Asian nation after a surge in cases of the Omicron version of the coronavirus and restrictions in several states.

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