17 November 2025, 15:12 India: Labor Market Holds Robust Momentum.
The unemployment rate in India was at 5.2% in October of 2025, remaining unchanged from the previous month to remain relatively close to the record-low of 5.1% last reached two months prior. The result reflected an initial resilience to the labor market during a month of aggressive tariffs announced by the US government on Indian goods. Unemployment inched higher for urban areas of the country (7% vs 6.8% in September), offsetting the decrease in unemployment for rural areas (4.4% vs 4.6%). In the meantime, the overall employment rate rose to 52.5% from 52.4%, while the labor force participation rate inched higher to 55.4% from 55.3%).
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