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Unemployment rate dips to 6.7 pc in March quarter: Govt survey

Unemployment rate dips to 6.7 pc in March quarter: Govt survey
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NEW DELHI, May 15 (PTI): The unemployment rate for people aged 15 years and above in urban areas declined to 6.7 per cent in the January-March period from 6.8 per cent a year ago, according to the National Sample Survey Survey (NSSO).

Joblessness, or unemployment rate, is defined as the percentage of unemployed people in the labour force.

The unemployment rate in the March quarter of FY23 was 6.8 per cent, while it was 6.6 per cent in April-June as well as in the third quarter (July-September 2023) of the previous fiscal. It was 6.5 per cent in October-December 2023.


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