Indian job market: Unemployment eases to 5.2% in July; rural areas drive improvement
India's unemployment rate experienced a decrease to 5.2% in July from 5.6% in June, as indicated by the government's recent labour force survey. Rural areas saw improvement, with joblessness falling to 4.4%, while urban areas saw a slight increase to 7.2%. The Labour Force Participation Rate also rose to 41.4% nationally, reflecting a positive trend in labour market engagement.
India's unemployment rate experienced a decrease to 5.2% in July from 5.6% in June, as indicated by the government's recent labour force survey. Rural areas saw improvement, with joblessness falling to 4.4%, while urban areas saw a slight increase to 7.2%. The Labour Force Participation Rate also rose to 41.4% nationally, reflecting a positive trend in labour market engagement. What's Your Reaction?
