According to the Periodic Labour Force Survey Quarterly Bulletin: Urban Unemployment Rate Declines to 6.6% in Q1 FY25.

Economy Business

According to the Periodic Labour Force Survey (PLFS) Quarterly Bulletin, the urban unemployment rate has decreased to 6.6% in the first quarter of FY25. This marks a notable improvement from previous periods. The PLFS report highlights that urban areas have witnessed a gradual reduction in joblessness, reflecting positive trends in the labor market. Analysts attribute this decline to various factors including economic recovery and increased employment opportunities in urban sectors. The data suggests a strengthening economy and improved employment conditions in the urban workforce, indicating a promising outlook for the remainder of the fiscal year.


      The 6.6% urban unemployment rate highlights ongoing challenges in achieving full labor market recovery.

      Job growth in urban areas has been steady, contributing to the lower unemployment figures.

     

 

     


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