Unemployment Rate Dips To 6.6% In September Quarter: Government Survey
NDTV
The unemployment rate for people aged 15 years and above in July-September 2022 was 7.2 per cent in urban areas, the 20th Periodic Labour Force Survey (PLFS) showed.
The unemployment rate for people aged 15 years and above in urban areas declined to 6.6 per cent in the September quarter from 7.2 per cent a year ago, as per the National Sample Survey Office (NSSO).
Joblessness, or unemployment rate, is defined as the percentage of unemployed people in the labour force.
Joblessness was high in the July-September period, mainly due to the staggering impact of Covid-related restrictions in the country.
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