India's jobless rate eases to 5.2%

India’s unemployment rate fell to 5.2% in July from 5.6% in the previous month, the statistics ministry said on Monday, as rural hiring picked up ahead of the festival season and on agricultural activity.

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The jobless rate among those aged 15 years and above in rural areas fell to 4.4% from 4.9% in June, while it rose in urban areas to 7.2% from 7.1% in June, the data showed.

Among urban youth aged 15 to 29 years, unemployment increased to 19.0% in July from 18.8% in June. In rural areas, the youth jobless rate declined to 13% from 13.8% in the previous month. It was 13.7% in May.