PREVIOUS
✖
Unemployment Rate
March 2 , 2023
629 days
495
0
- The latest annual Periodic Labour Force Survey (PLFS) was released by the National Statistical Office.
- India’s unemployment rate was dropped to a five-year low in July-June (2021-22) to 4.1 per cent.
- During 2021-22, the unemployment rate in both rural and urban areas declined to 3.2 per cent and 6.3 per cent, respectively.
- During 2020-21, they stood at 3.3 per cent and 6.7 per cent in rural and urban respectively.
- The latest survey also showed the labour force participation rate (LFPR) had increased significantly in the last five years from 37.5 per cent in 2018-19 to 55.2 per cent in 2021-22.
- The Worker Population Ratio has increased to 52.9 per cent in 2021-22 from 52.6 in 2020-21.
- It was 50.9 per cent in 2019-20.
- Separately, the NSO released the quarterly PLFS survey for urban India.
- During the December quarter, the unemployment rate for men declined marginally to 6.5 per cent.
- The unemployment rate of women increased narrowly to 9.6 per cent from 6.6 per cent.
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