Current Unemployment Rate 2024 In India

Current Unemployment Rate 2024 In India. Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Unemployment, total (% of total labor force) (modeled ilo estimate) in india was reported at 4.172 % in 2023, according to the world bank collection of development indicators, compiled.

According to the centre for monitoring indian economy, an economic think tank, the unemployment rate was 7.6% in march. The drop in the unemployment rate from 4.2% in august reflected an increase of 430,000 jobs in household employment, which more than absorbed the 150,000 people who.