Unemployment rate in india 2024: Periodic Labour Force Survey (PLFS)

Periodic Labour Force Survey (PLFS) - Quarterly Bulletin (January-March 2024 ) Unemployment Rate (UR) in urban areas decreased to 6.7% during January-March 2024 for persons of age 15 years and above Female UR decreased to 8.5% in January-March 2024 Labour Force Participation Rate (LFPR) in urban areas shows an increasing trend from 48.5% to 50.2% during January-March 2023 to January-March 2024 respectively for persons of age 15 years and above Female Labour Force Participation Rate in urban ... India unemployment rate for 2024 was 4.20%, a 0.03% increase from 2023. India unemployment rate for 2023 was 4.17%, a 0.65% decline from 2022. India unemployment rate for 2022 was 4.82%, a 1.56% decline from 2021. India unemployment rate for 2021 was 6.38%, a 1.48% decline from 2020. India Unemployment Rate : Historical data from 1991 to 2024 . New Delhi: India 's unemployment rate inched up to 3.2% in 2024 from 3.1% in the previous year, driven largely by more women leaving the workforce, official data released on Wednesday showed. The male unemployment rate increased to 3.3% in 2024 from 3.2% in 2023, while the female rate rose to 3.1% from 3%. The data is for those aged 15 and above. Driven by robust post-pandemic recovery and increased formalisation, labour market indicators in India have improved substantially in the last few years. As per Periodic Labour Force Survey (PLFS), the unemployment rate in India has dropped significantly and labour force participation and the worker population ratio have shown considerable improvements. Additionally, sectors like the digital economy and renewable energy offer vast potential for creating high-quality jobs, which is essential ...