Unemployment rate dips to 7.7% in May on reduced labour participation: CMIE
In May, the number of unemployed people stood at 33.9 million as against 38.7 million unemployed persons in April.
labour participation rate
June 2023
December 2021
Jobs crisis continues; puts $5-trillion GDP target at risk
Both CMIE and ILO data shows a dramatic drop in India's labour participation rate; over half of the employable population out of the market.
