Urban unemployment rate in October at 3-month high of 7%, shows PLFS
Overall unemployment held steady at 5.2% in October, though urban joblessness rose to a three-month high of 7%. The Labour Force Participation Rate reached a six-month high of 55.4%, driven by a significant increase in female participation, particularly in rural areas. This surge in the female workforce contributed to a rising overall worker population ratio.
Overall unemployment held steady at 5.2% in October, though urban joblessness rose to a three-month high of 7%. The Labour Force Participation Rate reached a six-month high of 55.4%, driven by a significant increase in female participation, particularly in rural areas. This surge in the female workforce contributed to a rising overall worker population ratio.
