Urban employment in India improved in Q3 2024, with the unemployment rate dropping to 6.4%.

Employment in India's urban areas improved in the July-September 2024 period, with the Labour Force Participation Rate rising to 50.4% from 49.3% a year earlier. The Worker Population Ratio also increased to 47.2%, and the unemployment rate dropped to 6.4% from 6.6%. Among males, unemployment fell to 5.7% from 6.0%, and for females, it decreased to 8.4% from 8.6%.

November 18, 2024
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