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Latest Jobs Data Shows Fall in Unemployment
Hindustan Times Chandigarh
|February 19, 2025
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.
Esta historia es de la edición February 19, 2025 de Hindustan Times Chandigarh.
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