India's unemployment rate rises to 7.77% in Oct from 6.43% in Sept: CMIE

India's unemployment rate surged to 7.77% in October, according to the Centre for Monitoring Indian Economy (CMIE). It had touched a four-year low of 6.43% in September. The rise was led by an increase in the rural joblessness rate to 8.04% in October as against 5.84% in September after the kharif harvest season, while urban joblessness rate fell to 7.21%.