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Unemployment rate dips to 7.2% in October-December 2022: Govt survey

Joblessness was high in October-December 2021 mainly due to the staggering impact of Covid-related restrictions in the country

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Joblessness or unemployment rate is defined as the percentage of unemployed persons among the labour force

Press Trust of India New Delhi
Unemployment rate for persons aged 15 years and above in urban areas declined to 7.2 per cent during October-December 2022 from 8.7 per cent a year ago, the National Sample Survey Survey (NSSO) showed.

Joblessness or unemployment rate is defined as the percentage of unemployed persons among the labour force.

Joblessness was high in October-December 2021 mainly due to the staggering impact of Covid-related restrictions in the country.

However, the unemployment rate in the July-September 2022 was also 7.2 per cent only.

The unemployment rate (UR) for persons aged 15 years and above in April-June 2022 was 7.6 per cent

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