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Economy

India’s unemployment rate dips to 3.1% in 2023, lowest in 3 years: NSO data

The data reveals a substantial recovery in the employment scenario post the impact of the Covid-19 pandemic, with increased economic activity following the lifting of lockdowns by the Central and State governments. The unemployment rate, defined as the percentage of unemployed individuals in the labour force, reflects this encouraging trend.

Mar 06 2024

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