
Unemployment rate in urban areas dips to 6.8% in March quarter
Among males aged above 15 years, the unemployment rate stood at 9.2% in the March quarter as against 9.6% in the December quarter.
Among males aged above 15 years, the unemployment rate stood at 9.2% in the March quarter as against 9.6% in the December quarter.
Urban joblessness rate rises to 9.81% in April, while the rural unemployment rate eased to 7.34%
In urban areas, unemployment rate was 8.5% in March 2023, up from 7.9% in Feb 2023, while in rural areas, it stood at 7.4%, up from 7.2% in previous month
Meanwhile, global unemployment is projected to edge up by around three million in 2023, to reach 208 million, which corresponds to an unemployment rate of 5.8%.
The country's job crisis is structural and systemic; reliance on high growth and manufacturing has simply not worked.
These employees got average wages worth ₹7 lakh; much higher than average salary received by factory employees that’s around ₹3 lakh.
Labour force participation rate improves slightly to 47.5% during Q1 2022. Worker participation rate also shows consistent rise, with April-June WPR at 43.9%
The unemployment rate decreased to 7.29% as of July 14, 2022, after touching a high of 7.80% in June, shows the CMIE data
While about 13 million lost jobs during the month, the count of the unemployed increased by only 3 million.
While the unemployment rate among females in urban areas in ages 15 years and above declined to 10.1%, for males it dipped to 7.7%, shows the NSO survey.