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India's urban unemployment rate falls to 6.7% in January-March
short by Mansi Agarwal / on Wednesday, 15 May, 2024
India's unemployment rate in urban areas fell to 6.7% in January-March 2024 from 6.8% a year ago for people aged 15 or above, the latest government data showed. While the rate decreased from 9.2% to 8.5% for females, it rose from 6% to 6.1% for males. The labour force participation rate (LFPR) in urban areas increased from 48.5% to 50.2%.
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