India’s unemployment rate holds at 5% in August as rural joblessness eases
Urban unemployment rose to 6.8%, but a sharper fall in rural joblessness kept the overall rate unchanged; labour-force participation also edged higher
India's unemployment rate remained steady at 5% in August, with rural unemployment easing compared to urban unemployment, according to the latest Periodic Labour Force Survey (PLFS) monthly bulletin. The overall labour force participation rate rose marginally to 55.6%, and the worker population ratio increased to 52.8%. Among women, the unemployment rate fell for the second consecutive month to 5.1%, while rural unemployment declined to 4.1% from 4.5%, and urban unemployment remained stable at 6.1%.
Brief written by urgent.news from Live Mint's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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