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The labour market indicators have improved in the last six years, with the unemployment rate declining to 3.2 per cent in 2022-23, the Economic Survey 2023-2024 said on Monday. India’s workforce is estimated to be nearly 56.5 crore, of which more than 45 per cent are employed in agriculture, 11.4 per cent in manufacturing, 28.9 per cent in services, and 13 per cent in construction. The Indian economy needs to generate nearly 78.51 lakh jobs annually in the non-farm sector to...
Unemployment rate declines to 3.2 pc, job & skill creation top priority: Economic Survey
Australia's unemployment rate rose slightly to 4.1 per cent in June from 4 per cent in May, official labour force figures published by the Australian Bureau of Statistics (ABS) showed on Thursday. The total number of employed Australians rose by 50,200 between May and June but was offset by the number of jobless Australians rising by 9,700 in the same period, Xinhua news agency reported. The participation rate which measures the proportion of working-age Australians who are ei...
Australia`s unemployment rate rises to 4.1 per cent
The Periodic Labour Force Survey (PLFS) has indicated that India’s unemployment rate (UR) in urban areas for persons aged 15 years and above decreased during October-December 2023 to 6.5 per cent from 7.2 per cent in the year-ago period. According to the data, for male, UR decreased from 6.5 per cent in October-December 2022 to 5.8 per cent in October-December 2023, while for female UR decreased from 9.6 per cent in October-December 2022 to 8.6 per cent in October-Decembe...
India`s unemployment rate falls to 6.5% in October-December: PLFS
The National Sample Survey Office (NSSO) has said that the unemployment rate for people aged 15 years and above in urban areas declined to 6.6 per cent in the September quarter (Q2FY24) from 7.2 per cent a year ago. The unemployment rate in the March quarter of the previous fiscal was 6.8 per cent, while it was 6.6 per cent in April-June. The rate was 7.2 per cent in the third quarter of the previous fiscal. According to the survey, the unemployment rate among females (aged 15 years and ab...
Unemployment rate declines to 6.6% in Q2FY24: NSSO
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