The urban unemployment rate has come down to 6.60 percent. According to a
report released by the National Sample Survey Office (NSSO), Government of
India, the urban unemployment rate decreased to 6.60 percent during the
April-June period last year. This is down from 7.60 per cent in April-June
2022.
How much has the unemployment rate fallen?
The unemployment rate declined marginally to 6.60 percent in the June quarter
from 6.80 percent in the previous March quarter. Currently, this is continuing
in the September quarter as well.
The shocking ongoing impact of the corona-related restrictions in the country
is the main reason why unemployment was recorded at 6.60 percent in the
September quarter.
Also, unemployment among women in urban areas is 8.60 percent in the current
September quarter; Male mortality also decreased by 6 percent.
This is 9.40 percent respectively in the same period of last financial year;
It was also 6.60 percent.
Increasingly, the current weekly labor force participation rate for
15-year-olds and above in urban areas rose to 49.30 in the September quarter.
This was 47.90 percent during the same period last year.
Under the current weekly status approach, a person is considered unemployed if
he is willing to work any day of the week or at least one hour per week and is
unable to work.
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