From July 2023 to June 2024, the unemployment rate in India for individuals aged 15 years and above was 3.2%, as per the Periodic Labour Force Survey (PLFS) by the National Statistical Office (NSO).
This 3.2% figure reflects a decline from previous years, indicating an improvement in labour market conditions.
The unemployment rate measures the proportion of people actively seeking work but unable to find employment.
The labour force participation rate (LFPR) also showed a rise, indicating more people are engaging in the workforce.
This data plays a critical role in understanding India’s employment scenario and policy-making.
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Important Questions from Unemployment & Poverty
What was the overall unemployment rate in India as reported in the $6^{th}$ Annual Employment-Unemployment Survey conducted by the Labour Bureau?