Unemployment rate up a tad to 4.8% in December

India's unemployment rate saw a slight increase in December, reaching 4.8 percent from 4.7 percent in November. This rise was driven by joblessness in urban areas, while rural unemployment remained steady. The overall jobless rate for men and wome...

AP
UnemploymentRate Up a Tad to4.8% in December (Representational image)
New Delhi: India's unemployment rate rose marginally to 4.8% in December from 4.7% in November due to increased joblessness in urban areas though it remained unchanged in rural areas, showed official data issued on Thursday.

Urban unemployment rose to 6.7% in December from 6.5% a month earlier, whereas the rural rate was steady at 3.9%.

The overall jobless rate among men increased to 4.7% in December from 4.6% in the month before, and among women to 4.9% from 4.8%, according to the Periodic Labour Force Survey (PLFS).


The survey covered individuals aged 15 years and above who were unemployed but actively seeking work. The figures are based on the current weekly status (CWS), which tracks employment or job-seeking activity in the seven days preceding the survey.

The survey covered 89,330 households and 373,990 people across rural and urban areas.

Youth unemployment (15-29 years) rose slightly to 14.4% in December from 14.1% in November, primarily due to an increase in the male jobless rate.
ADVERTISEMENT

The labour force participation rate (LFPR), the share of population working or seeking work, climbed to 56.1% in December, the highest level since April, from 55.8% in November.

Female LFPR increased to 35.3%, also the highest since April.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Economy › Indicators › Unemployment rate up a tad to 4.8% in December
Text Size:AAA
Success
This article has been saved

*

+