Indian Unemployment Rate 2024. โ enhanced transparency and exchange of information to put an end to bank secrecy and fight tax evasion and avoidance. The rise in lfpr was accompanied by an increase in the worker population ratio (percentage of labour force that is employed) and a decrease in the open unemployment.
Unemployment refers to the share of the labor force that is without work but available for and seeking employment. โ the unemployment rate ticked down to 4.2 per cent from 4.3 per cent in july, which had been the highest level in nearly three years.
