Urban unemployment holds at 6.7% in April-June as jobs shift beyond farm sector
New Delhi, Aug. 10 -- India's urban labour market remained broadly stable in the April-June quarter, with the unemployment rate holding near 6.7% even as regular wage and salaried employment increased, and the share of workers in the secondary sector rose, according to the latest Periodic Labour Force Survey (PLFS) data released on Monday.
The urban unemployment rate (UR) for people aged 15 years and above stood at 6.7%, marginally higher than 6.6% in January-March, according to the National Statistical Office's PLFS quarterly bulletin. Female urban unemployment eased to 8.7% from 9.1%, while male unemployment rose to 6.1% from 5.8%.
The relative stability in urban unemployment contrasted with a rise in rural unemployment. The rural UR ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.