NEW DELHI: The unemployment rate among those in the 15 years and above age group dipped to 4.9% in 2024 from 5% in the previous financial year, according to the annual Periodic Labour Force Survey ( PLFS ) report released on Wednesday.
In rural areas, there was marginal decline in overall unemployment (from 4.3% to 4.2%), with slight reductions for both men and women. In urban areas, the unemployment rate among males rose from 6.0% to 6.1%, but among females declined from 8.9% to 8.2%. The overall urban rate was stable at 6.7%, according to ministry of statistics and programme implementation (Mospi).
Under principal and subsidiary status, unemployment rate in 2024 inched up to 3.2% from 3.1% in the previous year.
In urban areas, labour force participation rate ( LFPR ) under the current weekly status increased for males (74.3% in 2023 to 75.6% in 2024) and slightly for females (25.5% to 25.8%), leading to an overall rise in LFPR (50.3% to 51.0%). Overall, LFPR remained constant at 56.2%, despite minor variations across categories.
The report also showed marginal improvements, across all categories, in overall worker participation rate (47.0% to 47.6%) in urban areas. At the all-India level, overall WPR remained relatively unchanged (53.4% to 53.5%). tnn
In rural areas, there was marginal decline in overall unemployment (from 4.3% to 4.2%), with slight reductions for both men and women. In urban areas, the unemployment rate among males rose from 6.0% to 6.1%, but among females declined from 8.9% to 8.2%. The overall urban rate was stable at 6.7%, according to ministry of statistics and programme implementation (Mospi).
Under principal and subsidiary status, unemployment rate in 2024 inched up to 3.2% from 3.1% in the previous year.
In urban areas, labour force participation rate ( LFPR ) under the current weekly status increased for males (74.3% in 2023 to 75.6% in 2024) and slightly for females (25.5% to 25.8%), leading to an overall rise in LFPR (50.3% to 51.0%). Overall, LFPR remained constant at 56.2%, despite minor variations across categories.
The report also showed marginal improvements, across all categories, in overall worker participation rate (47.0% to 47.6%) in urban areas. At the all-India level, overall WPR remained relatively unchanged (53.4% to 53.5%). tnn
You may also like
"Saddened and surprised": Kapil Sibal criticises VP Dhankhar's remarks on judiciary
Football: Kluivert available for Bournemouth's clash against Palace
Why Muslim UK MP is facing backlash over views on trans rights
Don't make the same mistake as Ori, this method of losing weight is extremely dangerous
Lilly's orforglipron consistent with injectable GLP-1 medicines in Phase 3 trial
