1 year, 2 months ago
Unemployment rate declined, says Centre’s survey
The HinduThe Periodic Labour Force Survey, carried out by the National Sample Survey Office, has reported that the unemployment rate in the country has shown a decrease between April and June 2023. The LFPR in urban areas increased from 47.5% in April-June 2022 to 48.8% in April-June 2023 for persons of age 15 years and above. The WPR in urban areas increased from 43.9% in April-June 2022 to 45.5% in similar months in this year for persons of age 15 years and above. “UR in urban areas decreased from 7.6% in April-June 2022 to 6.6% in April-June 2023 for persons of age 15 years and above. Key indicators The Centre also claimed improvement in key labour market indicators in urban areas compared to those in pre-pandemic period.
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