India January unemployment rate climbs to five percent

India's unemployment rate rose to 5 percent in January from 4.8 percent in December. The figure exceeded analyst expectations of a steady 4.8 percent rate.

India ININ recorded a rise in its national unemployment rate to 5.0% in January, up from 4.8% in December, according to official government data released on February 16, 2026. This 0.2 percentage-point month-on-month increase exceeded a Reuters poll projection of 4.8%, serving as the latest monthly labour-market data for January and proving relevant to assessments of the national labour market.
Construction workers build a metro pillar in Mumbai, India, on January 23, 2026. REUTERS/Francis Mascarenhas/File Photo/File Photo
Construction workers build a metro pillar in Mumbai, India, on January 23, 2026. REUTERS/Francis Mascarenhas/File Photo/File Photo
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