The unemployment rate in India declined to 4.8 per cent in the period July 2019 to June 2020, from 5.8 per cent in July- June 2018-19, latest data from the Periodic Labour Force Survey (PLFS) released by the National Statistical Office shows.
Labour force participation also rose during that period. As many as 53.5 per cent of people above 15 were working or looking for a job in the period July 2019 to June 2020, up from 50.2 per cent in the same period of 2018-19.
This is interesting--and counter-intuitive too—because it happened at the backdrop of two major disruptions: