 "jobs, employement")
Unemployment rate for persons aged 15 years and above in urban areas declined to 7.2 per cent during October-December 2022 from 8.7 per cent a year ago, the National Sample Survey Survey (NSSO) showed.
Joblessness or unemployment rate is defined as the percentage of unemployed persons among the labour force.
Joblessness was high in October-December 2021 mainly due to the staggering impact of Covid-related restrictions in the country.
However, the unemployment rate in the July-September 2022 was also 7.2 per cent only.
The unemployment rate (UR) for persons aged 15 years and above in April-June 2022 was 7.6 per cent
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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