Unemployment Rate Falls To 7.7% In May On Decline In Labour Participate
According to data released by the private economic think tank CMIE, the unemployment rate in India fell to 7.7% in May due to a decline in labor participation at 441.9 million.
The unemployment rate in India among people aged 15 years and above fell to 7.7% in May 2023, from 8.5% in the previous month.
The urban labour market recorded a fall in the number of employed as well as unemployed people.
The rural labour force reduced to 299.4 million in May.
IIT Mandi Researchers Develop Smart Biodegradable Microgels
