World unemployment to drop slightly to 4.9%: ILO
ILO now anticipates a global unemployment rate of 4.9% in 2024, after initially predicting a rise to 5.2% from 5% in 2023.
ILO now anticipates a global unemployment rate of 4.9% in 2024, after initially predicting a rise to 5.2% from 5% in 2023.
Since the govt has already released 72% of its full-year budgeted allocation, it may have to allocate more funds in the range of ₹20,000 cr to ₹30,000 cr under MGNREG in FY23, says the report.
The jobless rate fell in both urban and rural parts of the country, thanks to the addition of new jobs during September 2022.
A substantial portion of India's younger working-age population is opting to stay students as the existing workforce progressively grows older.