Markets.News
In the latest report, it was highlighted that the unemployment rate has surged to 7.5%, marking an increase of 2.3% from the previous quarter. The number of unemployed individuals has risen to 12.3 million, which is a record high for the country. Additionally, the GDP growth forecast for the current fiscal year has been revised downwards to 2.1%, reflecting the ongoing economic challenges. The government is taking steps to address the situation and provide support to those affected by the increasing job losses and economic slowdown.