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...

November 10, 2025 4:56 PM

Unemployment rate dips to 5.2% in July–September 2025 quarter: NSO

The Periodic Labour Force Survey (PLFS) Quarterly Bulletin for July–September 2025 released by the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI), shows a continued improvement in labour market indicators, with higher female participation and a marginal fall in unemployment rate.   According to the report, the Labour Force Participation Rate (LFPR) among persons aged 15 years and above stood at 55.1% in July–September 2025, compared to 55.0%...

August 22, 2025 7:49 PM

Amit Shah addresses Kerala conclave on governance, security, and reforms

Union Home Minister and Minister of Cooperation, Amit Shah on Friday addressed the Manorama News Conclave 2025 in Kochi, Kerala, highlighting India’s progress under Prime Minister Narendra Modi and outlining the government’s vision for development, governance, and national security. Shah said, “After Modi Ji became Prime Minister, the country has entered a new era of politics of performance, replacing casteism, dynastic politics, and appeasement. Until India becomes great, we shall not re...

March 6, 2025 9:05 PM

US weekly jobless claims fall more than expected

The number of Americans filing new applications for unemployment benefits fell more than expected last week, suggesting that the labor market remained stable in February, though turbulence lies ahead from tariffs on imports and deep government spending cuts. Initial claims for state unemployment benefits dropped 21,000 to a seasonally adjusted 221,000 for the week ended March 1, the Labor Department said on Thursday. Economists polled by Reuters had forecast 235,000 claims for the latest week. ...

May 9, 2024 10:39 AM

In rapidly aging China, millions can’t afford to retire

China's latest statistics showed some 94 million working people - around 12.8% of China's 734 million labour force - were older than 60 in 2022, up from 8.8% in 2020. That share, while lower than in wealthier Japan and South Korea, is set to skyrocket as 300 million more Chinese reach their 60s in the coming decade. A third of this cohort are rural migrants, who typically lack the professional skills for an economy aspiring to move up the value chain. The main reason China has not built a str...