India’s Q2 unemployment rate lowest since 2017 — 10 key highlights
Unemployment rate for males drop to 5.7% in Q2 FY25, while females see a slight decrease to 8.4%
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After 5 yrs of decline, India's unemployment rate stuck at 3.2%
For youth aged 15-29, the unemployment rate stood at 10.2%; urban female youth experienced the highest unemployment rate at 20.1%
Unemployment rate drops to 6.5% in Oct-Dec 2023: NSO survey
A "steady rise" recorded in labour force rarticipation rate among urban residents, with figures climbing from 48.2% to 49.9%.
Budget 2023: Why India Needs A Jobs Policy
The country's job crisis is structural and systemic; reliance on high growth and manufacturing has simply not worked.
Job situation has overcome Covid impact in country: FinMin
Demand for work under MGNREGS was at its lowest in October 2022 in this fiscal so far, signalling a decline in unemployment rate in rural areas, says the ministry.
Rising informal employment eclipses GDP recovery
As formal and well-paying jobs continue to disappear, reverse migration to informal and low-paying work could hit economic growth.
