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Latest Jobs Data Shows Fall in Unemployment
February 19, 2025
|Hindustan Times Chandigarh
India's unemployment rate fell to 6.4% in the quarter ended December, the lowest in the quarter since 2017-18, showing both quantitative and qualitative improvement, according to the data from the latest round of the Periodic Labour Force Survey (PLFS) for the quarter ending December 2024, which was published by the National Statistical Office (NSO) on Tuesday.
NEW DELHI:
A closer reading of the data shows that not only is the unemployment rate falling, even the quality of jobs is improving compared to what it was a year ago. While unemployment rates are at an all-time low, the qualitative improvement still has to cover some distance to reach pre-pandemic levels.
هذه القصة من طبعة February 19, 2025 من Hindustan Times Chandigarh.
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