Unemployment rate surges to 7.77% in Oct against 6.43% in Sept: CMIE

As per the CMIE, rural unemployment rate stood at 8.04% in October as against 5.84% in September while the urban unemployment fell to 7.21% compared to 7.7% in September. Further, the rise in the unemployment rate in October was accompanied by a small fall in the labour participation rate (LPR) from 39.3% in September to 39% in October.