India's unemployment rate (INUNR=ECI) for people aged 15 years and above fell to 5.1% in July, matching its lowest level in four months, government data showed on Monday.
A Reuters poll had projected the July unemployment rate at 5.4%, compared with 5.5% in June. In March, the rate stood at 5.1%.
Here are some details:
-The rural unemployment rate fell to 4.5% in July from 5.0% in June, while the urban rate edged up to 6.7% from 6.6%, National Statistics Office data showed.
-Among people aged 15 and above, the unemployment rate for men fell to 5.0% in July from 5.3% in June, while the rate for women declined to 5.4% from 5.9%.
- The labour force participation rate, which measures the share of people aged 15 and above who are working or seeking work, rose to 55.4% in July from 54.4% a month earlier, the National Statistics Office said in its monthly Periodic Labour Force Survey bulletin.
- The worker population ratio, a measure of the proportion of people employed, increased to 52.5% from 51.4%.
-Female labour-force participation rose to 34.4% from 32.7% in June, driven by an increase in rural female participation to 38.8% from 36.6%.
- The figures are based on the Current Weekly Status measure under India's PLFS report, covering 371,021 people nationwide, including 211,411 in rural areas and 159,610 in urban areas.
