Unemployment rate

December 2, 2025 2:48 PM

Unemployment rate drops to 3.2% in 2023-24; Centre highlights multiple job creation schemes

The government on Monday reported a steady decline in the country’s unemployment rate, citing data from the Periodic Labour Force Survey (PLFS). According to the latest annual PLFS, the unemployment rate (usual status) for people aged 15 and above fell from 6.0% in 2017-18 to 3.2% in 2023-24. The Ministry of Statistics and Programme Implementation (MoSPI) has also revamped the PLFS from January 2025 to release monthly data. The official data on Employment and Unemployment is collected through...

October 15, 2025 5:49 PM

Rural surge lifts India’s female labour participation in September

India’s labour market continued to show steady improvement in September 2025, with rising rural participation driving female employment to its highest level since May. According to the latest Ministry of Statistics and Programme Implementation (MoSPI) Periodic Labour Force Survey (PLFS) Monthly Bulletin, the overall Labour Force Participation Rate (LFPR) climbed to 55.3%. The data also revealed a sustained increase in rural women’s participation, with the female LFPR reaching 34.1% in Septe...

June 13, 2024 11:23 AM

Fed leaves rates unchanged, sees only one 2024 cut despite inflation progress

The Federal Reserve held interest rates steady on Wednesday and pushed out the start of rate cuts to perhaps as late as December as policymakers sketched out their view of an economy that remains virtually unchanged across its major dimensions for years to come. With growth and unemployment lodged at levels better than the U.S. central bank considers sustainable in the long run, Fed Chair Jerome Powell said policymakers were content to leave rates where they are until the economy sends a clear ...