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25Sep 2024
India’s Unemployment Rate Stays Unchanged
Why in the News? The Periodic Labour Force Survey (PLFS) from July 2023 to June 2024 shows that India’s unemployment rate (UR) remains unchanged at 3.2%, similar to the previous year. Despite a slight increase in agricultural workforce participation, manufacturing employment shows no growth. Workforce Participation Increases: The Labour Force Participation Rate (LFPR) rose in …
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