India's jobless rate holds steady at 5% in September
Government data showed the rate for people aged 15 and above stayed unchanged, beating a Reuters poll that expected 5.2%.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
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What happened
India's unemployment rate for people aged 15 and above was unchanged at 5% in September, government data showed on Thursday. The rate was below the 5.2% that a Reuters poll had projected. It was also unchanged from the previous month's five-month low.
Why it matters
The reports describe the figure as showing relative resilience in India's labor market. Rural joblessness rose slightly, although the overall rate held steady.
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