Urban jobless rate at 6-year low of 6.4% in Q2

  • Posted on November 18, 2024
  • By Business News Today
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Urban jobless rate at 6-year low of 6.4% in Q2

India's urban unemployment rate hit a six-year low of 6.4% in the July-September quarter, driven by increased hiring and a record-high overall labor force participation rate of 50.4%. While Jammu & Kashmir reported the highest unemployment, female labor force participation saw a significant rise, with more women entering regular employment and self-employment sectors.
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