Categories: News

Unemployment rate in urban India fell to 9.4% in Jan-March

Representative Image

NEW DELHI: The unemployment rate in the urban areas of India has dipped to 9.4 per cent in January-March, lower than 10.3 per cent recorded in October-December quarter, last year, according to the date released by National Statistical Office (NSO) on Tuesday, November 30. The rate has come down after continuously being in double digits for the past three months.

The data released by NSO showed that the unemployment rate for females of all the ages has come down to 11.8 per cent in January-March quarter from 13.1 per cent in the October-December quarter. The strict lockdown imposed due to the COVID-19 pandemic had pushed unemployment rate to 20.9 per cent in the April-June quarter of 2020. As the economy has opened up, there has been a steady improvement in this regard although the rate still remains high.

Soumya Kanti Ghosh, Chief Economic Advisor, State Bank of India, said that while the overall unemployment rate has come down, the situation in states have indicated a mixed picture with some of the advanced states still witnessing unemployment rates in double digits. She added that perhaps the most satisfying revelation was that the decline in female unemployment rate was better than the decline in male unemployment rate.

The NSO has released the quarterly bulletin of the Periodic Labour Force survey, which indicates the measure of labour force participation rates, working population ratio and unemployment rate.

Team Urban Update

Recent Posts

Gadkari: EV prices to match petrol, diesel cars in two years

Representative Image NEW DELHI: Nitin Gadkari, Minister for Road Transport and Highways, Government of India,…

2 months ago

14 lakh homes built in Gujarat under PMAY scheme

Representative Image GANDHINAGAR, Gujarat: Gujarat has reached a significant milestone in the construction of homes…

2 months ago

MBMC launches ‘Central School Control Room’ for students’ safety

Representative Image THANE, Maharashtra: The Mira Bhayander Municipal Corporation (MBMC) in Maharashtra has established a…

2 months ago

Delhi govt extends ban on sale, production of firecrackers till Jan 2025

Representative Image NEW DELHI: With the aim to tackle the increasing air pollution level in…

2 months ago

UPSIDA takes over maintenance of 34 industrial areas from ULBs

Representative Image LUCKNOW, Uttar Pradesh: The Uttar Pradesh State Industrial Development Authority (UPSIDA) has come…

2 months ago

Delhi Jal Board to team up with WATCO for 24/7 water supply

Representative Image NEW DELHI: The Delhi Jal Board (DJB) plans to collaborate with the Water…

2 months ago