ADVERTISEMENT

Unemployment Rate Rises To 6.7% In Urban Areas During January-March: Government Data

Labour force participation rates in urban areas increased to 50.2% in January-March, from 49.9% in the October-December quarter.

<div class="paragraphs"><p>(Source: Freepik)</p></div>
(Source: Freepik)
Show Quick Read
Summary is AI Generated. Newsroom Reviewed

The unemployment rate saw an uptick, led by higher unemployment among urban males.

The unemployment rate in urban areas rose to 6.7% in January–March from 6.5% during October–December 2023 for persons aged 15 years and older, according to the quarterly labour force survey published on Wednesday.

For males, the unemployment rate increased to 6.1% in January–March from 5.8% in October–December 2023, while the female unemployment rate decreased to 8.5% from 8.6% during the same period.

Labour Force Participation Rates Rises 

Labour force participation rates in urban areas increased to 50.2% in January–March from 49.9% in the October–December quarter for persons aged 15 and above. For males, LFPR increased to 74.4% from 74.1% during this period, while for females, it increased to 25.6% from 25%.

Opinion
India’s Lowest Retail Inflation In 11 Months Won’t Deliver A Rate Cut
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit