The unemployment rate fell to its pre-lockdown level of 8.5% in the week ended June 21, led by big gains in the rural areas, economic think tank CMIE said. The rate had gone up from 8.75% in March to 23.5% in April and May. It had peaked at 27.1% in the week ended May 3. The CMIE survey showed the gains in rural areas may even be bigger in the months ahead.
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