Urban Unemployment Rate for April-June 2024

According to the National Sample Survey Office (NSSO) released on 16th August 2024, the unemployment rate for individuals aged 15 years and above in urban areas remained unchanged at 6.6% for the April-June quarter of 2024.

Key Points

Unemployment Rate Stability: The unemployment rate for urban areas held steady at 6.6% in the April-June 2024 quarter, consistent with the previous quarter.
Gender Disparities: Among females, the unemployment rate declined slightly to 9% from 9.1% a year ago, though it rose from 8.5% in the January-March 2024 quarter. For males, the rate decreased to 5.8% from 5.9% a year earlier.
Labour Force Participation: The labour force participation rate in urban areas increased to 50.1% in April-June 2024 from 48.8% a year ago, though it slightly decreased from 50.2% in the January-March 2024 quarter.
Survey Scope: The NSSO's Periodic Labour Force Survey (PLFS) for April-June 2024 covered 5,735 urban sampling units.
The PLFS, launched in April 2017, provides quarterly estimates on unemployment, worker population ratio, and labour force participation.
Definition and Methodology: Unemployment is defined as the percentage of unemployed individuals within the labour force, which includes both employed and unemployed persons.
The Labour Force Participation Rate (LFPR) reflects the proportion of the population engaged in economic activities.