As per the data revealed by the government which shows Female Unemployment Dropped to 8.5% in January-March 2024.
- Increasing trend in Labour Force Participation Rate (LFPR) for persons of age 15 years and above
LFPR in urban areas increased from 48.5% in January – March 2023 to 50.2% in January – March 2024 for persons of age 15 years in above. While for male LFPR increased from 73.5% to 74.4% during this period, for female, LFPR increased from 22.7% to 25.6% during this period.
- Worker Population Ratio (WPR) for persons of age 15 years and above
WPR in urban areas increased from 45.2% in January – March 2023 to 46.9% in January – March 2024 for persons of age 15 years in above. For males, it increased from 69.1% to 69.8% during this period, and for females, it increased from 20.6% to 23.4% during this period.
- Unemployment Rate (UR) for persons of age 15 years and above
The unemployment rate in urban areas decreased from 6.8% in January – March 2023 to 6.7% in January – March 2024 for persons of age 15 years in above. For males, UR increased from 6.0% in January – March 2023 to 6.1% in January – March 2024, while for females UR decreased from 9.2% in January – March 2023 to 8.5% in January – March 2024.
Key Findings
- Unemployment Rate (UR) in urban areas decreased from 6.8% to 6.7% during January – March 2023 to January – March 2024 for persons of age 15 years and above.
- Female Unemployment decreased from 9.2% in January – March 2023 to 8.5% in January – March 2024.
- Labour Force Participation Rate (LFPR) in urban areas has shown an increasing trend from 48.5% to 50.2% from January – March 2023 to January – March 2024 respectively for persons aged 15 years and above.
- Female Labour Force Participation Rate in urban areas rises from 22.7% to 25.6% during January – March 2023 to January – March 2024, reflecting Overall Increasing Trend in LFPR.
- Increasing Trend in Worker Population Ratio (WPR) for persons of age 15 years and above from 45.2% in January – March 2023 to 46.9% in January – March 2024.
- The Female Worker Population Ratio in urban areas rises from 20.6% to 23.4% during January – March 2023 to January – March 2024, reflecting the Overall Increasing Trend in WPR.
The data was released by pib.gov.in.
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