Unemployment rate for persons aged 15 years and above fell to 3.2% in FY23

| 29 July 2024 5:57 PM IST

New Delhi: India's estimated unemployment rate for individuals aged 15 years and above fell to 3.2% in fiscal year 2023 (FY23), a significant decline from 6% in FY18, according to the labour ministry. The ministry's numbers are based on the latest Annual Periodic Labour Force Survey (PLFS) report and highlights a notable increase in employment over the years, accompanied by a steady decrease in the unemployment rate

Tags: Unemployment

Categories: National

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