Unemployment rate remains unchanged at 6.6% in Q1FY25: PLFS data
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The quarterly Periodic Labour Force Survey (PLFS) data, released by the National Statistical Office (NSO) showed that the unemployment rate for people aged 15 years and above in urban areas remained unchanged at 6.6 per cent in the April-June quarter (Q1FY25). The unemployment rate in the June quarter of FY24 (Q1FY24) was also 6.6 per cent. Joblessness, or unemployment rate, is defined as the percentage of unemployed people in the labour force.
According to survey, the unemployment rate for people aged 15 years and above in the previous January-March quarter of FY24 (Q4FY24) was 6.7 per cent in urban areas. It also showed that the unemployment rate among females (aged 15 years and above) in urban areas declined to 9 per cent in April-June 2024 from 9.1 per cent in the same quarter a year ago. The rate was 8.5 per cent in January-March, 2024. Among males, the unemployment rate in urban areas declined to 5.8 per cent in April-June from 5.9 per cent in the same quarter a year ago. The rate was 6.1 per cent in January-March 202.
It also stated that labour force participation rate in Current Weekly Status (CWS) in urban areas for people aged 15 years and above increased to 50.1 per cent in April-June from 48.8 per cent in the same quarter a year ago. The rate was 50.2 per cent in the January-March 2024. At the all-India level, in the urban areas, a total number of 5,735 FSUs (urban sampling unit curved out from Urban Frame Survey) have been surveyed during April-June 2024.
