Unemployment rate in country stands at 5% in September, stable compared to August: NSO
The National Statistics Office reported that India's unemployment rate remained stable at 5% in September. While rural unemployment saw minor fluctuations, urban unemployment rose slightly, though year-on-year data shows an overall decline in joblessness.
Why it matters
Employment data is a key indicator of economic health, and these figures provide insight into the labor market's recovery and stability in India.
Unemployment rate in country stands at 5% in September, stable compared to August: NSO left The overall Labour Force Participation Rate (LFPR), for persons aged 15 years and above, remained at 55.5% in September, compared to 55.6% in August. Getty Images/iStockphoto Getty Images/iStockphoto https://th-i.thgim.com/public/news/national/2qw2ul/article71589791.ece/alternates/FREE_1200/iStock-696741894.jpg XtockImages India High Resolution Unemployment Concept The rural unemployment rate remains “broadly stable” at 4.2% against 4.1% in August, while urban rate marginally rises from 6.8% in August to 6.9% in this month NEW DELHI The Unemployment Rate (UR) in the country stood at 5% in September, stable compared to August, according to the Periodic Labour Force Survey (PLFS) conducted by the National Statistics Office (NSO).
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in