Women's unemployment rate at 16-month low; labour participation declines

The unemployment rate for women was last this low around Diwali in 2022. The unemployment rate has dropped for women from 14.9 per cent in December 2023 to 11 per cent in January 2024, according to data from the Centre for Monitoring Indian Economy (CMIE). It was higher in January 2023 at 13.5 per cent. The current unemployment rate is the lowest in the 16 months since (including) October 2022.

The unemployment rate measures the number of people who are unemployed and actively looking for a job, among those in the labour force.

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