In Q1FY25, urban unemployment in India declined to 6.6%, improving from 6.7% in Q4FY24, according to the National Statistical Office's quarterly labour force survey. This improvement was driven by a decrease in the unemployment rate among males aged 15 years and above, which fell from 6.1% in Q4FY24 to 5.8%. Conversely, female unemployment in urban areas increased from 8.4% to 8.9% in the same period. The unemployment rate among urban youth (15-29 years) also saw a slight improvement, decreasing from 17% to 16.8%. However, female youth unemployment rose from 22.7% to 23%. The labour force participation ratio (LFPR) and worker population ratio (WPR) in urban areas both saw marginal declines, with LFPR dropping from 39.5% to 39.3% and WPR from 36.9% to 36.7% during Q1FY25. |
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