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The urban unemployment rate fell even as the Labour Force Participation Rate increased by 30 basis points to 48.8 percent, the government s latest Periodic Labour Force Survey showed ....
The CMIE data further showed that the urban unemployment rate rose to 10.09 percent in December from 8.96 percent in the previous month, while the rural unemployment rate slipped to 7.44 percent from 7.55 percent. ....
The massive fall in number of jobs last month was triggered by higher unemployment rate in rural areas, which went up to 8.03 per cent from 6.62 per cent in May. In urban areas, it was slightly better at 7.30 per cent compared to 7.12 per cent recorded in May, according to the CMIE data. India s Unemployment Rate Rises to 7.80% in June 2022 With Loss of 13 Million Jobs, Says CMIE. ....