Urban unemployment drops to 5-year-low in 2022-23, says NSO survey
Urban unemployment rate stood at 6.1 per cent, lowest in last five years, in the quarter ending March in FY23, according to the quarterly bulletin released by NSO
India's urban unemployment rate slid to its lowest level to 6.8 per cent in the March quarter of FY23, showed the PLFS data for the previous quarter released on May 29, reported HT. The rate was remarkably low for the first time since the National Statistical Office began publishing quarterly bulletins on urban jobs in 2018. The NSO publishes quarterly bulletins for urban areas using the Periodic Labour Force Survey (PLFS).