Unemployment rate: 5.1% in July 2024 (four-month low), down from 5.5% in June 2024
GK and monthly revision
India’s unemployment rate falls to four-month low of 5.1% in July, rural jobs drive gains
India's unemployment rate dropped to a four-month low of 5.1% in July 2024 from 5.5% in June, according to official Periodic Labour Force Survey (PLFS) data. Rural unemployment declined to 4.5%, while labour force participation rate rose to 55.4% and worker population ratio reached 52.5%. Women and youth employment also showed improvement, indicating broad-based labour market recovery.
Source: Economic Times. This summary and analysis are AI-written from that report and are not individually fact-checked — confirm names, dates and figures with the source before you rely on them.
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Key points
Exam-ready takeaways
Rural unemployment rate: 4.5% in July 2024
Labour Force Participation Rate (LFPR): 55.4% in July 2024
Worker Population Ratio (WPR): 52.5% in July 2024
Data source: Periodic Labour Force Survey (PLFS) by Ministry of Statistics and Programme Implementation
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