India unemployment rate


India unemployment rate: 6.78 (-21.62%)
Last Update: December 31, 2024

India unemployment rate closed down 6.78 as of December 31, 2024 from 8.65 from the previous month and 7.1 from last year.


India unemployment rate Analytics & Data




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India unemployment rate

Date Values
2024-12-31 6.78
2023-12-31 8.65
2023-11-30 9.16
2023-10-31 10.05
2023-09-30 7.09
2023-08-31 8.1
2023-07-31 7.88
2023-06-30 8.53
2023-05-31 7.64
2023-04-30 8.54
2023-03-31 8.1
2023-02-21 7.5
2023-01-31 7.1
2022-12-31 8.3
2022-11-30 8
2022-10-31 7.8
2022-09-30 6.4
2022-08-31 8.3
2022-07-31 6.8
2022-06-30 7.8


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India unemployment rate Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
unemployment rate in.unemploymentrate 6.78 8.65 -22 -5 Down Down 0 2024-12-31

India unemployment rate Factors

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What is the India unemployment rate

India Unemployment Rate: Current Data, Trends, and Analysis

Introduction:

Welcome to our webpage dedicated to providing you with up-to-date information and analysis on the unemployment rate in India. As one of the most critical economic indicators, the unemployment rate reflects the percentage of the labor force that is actively seeking employment but is currently unemployed. By monitoring this data closely, investors, policymakers, and researchers can gain valuable insights into the health of the Indian economy.

Interpreting the India Unemployment Rate:

The India unemployment rate, expressed as a percentage, is a key measure for analyzing the state of the job market in the country. A high unemployment rate typically suggests that job opportunities are limited, leading to increased financial strain on individuals and families. Conversely, a low unemployment rate indicates a healthier job market, with more employment opportunities available for job seekers.

It is important to note that the unemployment rate alone cannot provide a comprehensive understanding of the job market. It is often used in conjunction with other labor market indicators, such as labor force participation rate, job creation data, and sector-specific employment figures. Additionally, a deeper analysis of regional variations, demographic disparities, and industry-specific trends can offer a more comprehensive view of the employment situation in the country.

Current Data and Trends:

Our webpage provides real-time updates on the current unemployment rate in India, sourced from reliable government and statistical agencies. You will find the most recent data, usually reported on a monthly or quarterly basis, allowing you to track the latest trends and developments over time.

To help you interpret the current unemployment rate, we provide detailed charts and analytics showcasing historical data. By analyzing trends, you can identify long-term patterns, such as seasonal fluctuations or significant changes in employment trends over different economic cycles. This can aid in making informed decisions, whether you are an investor, policymaker, or researcher.

MacroVar Signals and Analysis:

In addition to the unemployment rate, our webpage offers exclusive access to MacroVar signals and analysis for India. MacroVar, our proprietary forecasting model, utilizes a combination of historical data, economic trends, and predictive analytics to generate signals that can assist you in understanding future unemployment rate movements. These signals can help identify potential turning points, recessions, or employment growth periods, empowering you to make more informed decisions.

Export Historical Data for Free:

We understand the importance of data accessibility and further analysis. That is why we offer the option to export historical unemployment rate data for free. You can download and analyze the data in your preferred software or use it to support your research and decision-making processes. This feature enables you to delve deeper into the data that interests you, facilitating in-depth analysis, modeling, and forecasting.

Conclusion:

Our webpage provides you with an invaluable resource for staying updated on the latest India unemployment rate data, identifying trends, and analyzing signals for future movements. By combining current and historical data, you can gain a comprehensive understanding of the employment situation in India. Whether you are an investor, policymaker, or researcher, this information can be instrumental in making informed decisions and gaining insights into the Indian economy. Explore our charts, analytics, and export options today to unlock the power of data-driven analysis.

India Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
BSE Sensex 30 BSE 69296.1 1 1 2.05386 81.3251 0.00626 0.04718 0.06677 0.10552
India ETF INDA 43.4 -0.5 0.25 0.59227 42.8905 0.0037 0.00347 -0.01071 0.02844
Indian Rupee US Dollar (INR/USD) INRUSD 83.31 0 1 1.53805 52.8888 0.00048 -0.00048 -0.0006 0.02763
India 5-Year Bond Yield IN.5Y 7.095 -0.5 -0.75 -0.5785 34.7441 -0.00113 0.00169 -0.02057 -0.01881
India 2-year bond yield IN.2Y 7.309 0 1 1.41223 51.9468 0.00897 -0.00449 0.01219 0.02958
India Yield Curve IN.YC 0.032 0 -0.75 -0.97535 53.9292 1 0.3913 -1.49231 -0.91233
India Credit Default Swaps CDS.India 107.14 1 -0.25 -0.24576 68.4933 -0.03321 0.07657 0.24552 0.44141
India Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade in.balanceoftrade -31.46 -19.37 62 17 Down Down 82 2023-10-31
bank lending rate in.banks.lendingrate 10.1 10.1 0 15 UP UP 98 2023-07-31
business confidence in.bizconfidence 135.4 132.5 2 22 UP UP 94 2023-12-31
capital flows in.capitalflows -48.43 8.05 -702 -45 Down UP 0 2023-07-31
car registrations in.carregistrations 168912 129012 31 -6 UP Down 55 2024-01-31
cash reserve ratio in.cashreserveratio 4.5 4.5 0 12 UP UP 98 2023-12-08
central bank balance sheet in.cb.assets 34671.2 34631.5 0 19 UP UP 70 2024-01-31
composite pmi in.comppmi 60.6 61.2 -1 4 UP UP 53 2024-03-31
consumer confidence in.consconfidence 92.2 88.1 5 90 UP UP 100 2024-02-29
consumer price index cpi in.cpi 186.3 185.3 1 6 UP UP 54 2023-11-30
current account in.currentaccount -8300 -9195.49 -10 275 UP Down 85 2023-12-31
current account to gdp in.currentaccountgdp -2 -1.2 67 -52 Down UP 0 2023-01-31
exports in.exports 36.92 38.45 -4 3 UP UP 68 2024-01-31
external debt in.externaldebt 635324 628886 1 13 UP UP 33 2023-12-31
fiscal expenditure in.fiscalexp 3354730 3054220 10 6 UP UP 12 2024-01-31
foreign direct investment in.fdi 4523 5064 -11 132 UP UP 87 2023-12-31
foreign exchange reserves in.fxreserves 619070 616100 0 2 UP UP 59 2031-03-31
gdp in.gdp 3385.09 3176.3 7 102 UP UP 0 2022-12-31
Real GDP in.realgdp 43720.1 41856.4 4 21 UP UP 36 2023-12-31
gdp growth in.gdpgrowth 1.9 1 90 137 UP UP 91 2023-03-31
gdp growth annual in.gdpgrowthan 7.8 6.1 28 -205 UP UP 5 2023-09-30
gold reserves in.goldres 803.58 800.78 0 16 UP UP 53 2024-03-31
government budget in.govbudget -6.4 -6.7 -4 33 Down Down 0 2022-01-31
Government budget in.govbudgetvalue -1102600 -982278 12 -7 Down UP 4 2024-01-31
government debt to gdp in.govdebtgdp 86.54 85.21 2 32 UP UP 0 2022-01-31
government revenues in.govrev 2252130 2071940 9 14 UP UP 58 2024-01-31
housing index in.housingindex 116 113 3 6 UP UP 0 2023-03-31
imports in.imports 54.41 58.25 -7 4 Down UP 77 2024-01-31
industrial production in.indproduction 2.4 11.6 -79 -68 Down Down 61 2023-11-30
industrial production mom in.indproductionmm -2.42 1.69 -243 -138 Down Down 33 2023-11-30
inflation cpi in.inflationcpi 5.1 5.69 -10 -22 Down Down 32 2024-01-31
interbank rate in.interbankrate 6.51 6.51 0 89 UP UP 97 2022-11-20
interest rate in.interestrate 6.5 6.5 0 20 UP UP 77 2023-08-10
loan growth in.loangrowth 20.2 20.8 -3 31 UP UP 71 2024-06-30
Manufacturing PMI in.manpmi 56.7 56.5 0 1 Down UP 48 2024-03-31
money supply m1 in.msm1 59172.2 57773.1 2 7 UP UP 7 2023-12-31
money supply m2 in.msm2 61129 61289.1 -0 4 UP UP 2 2024-04-30
money supply m3 in.msm3 244710 243007 1 5 UP UP 30 2025-09-30
Producer Price Index in.producerprices 151.1 151.6 -0 0 Down UP 21 2024-01-31
PPI Index in.producerpricesch 0.27 0.73 -63 -94 UP Down 29 2024-01-31
reverse repo rate in.reverserepo 3.35 3.35 0 0 Down Down 68 2022-02-28
services pmi in.servpmi 60.6 61.8 -2 5 UP UP 58 2024-03-31
unemployment rate in.unemploymentrate 6.78 8.65 -22 -5 Down Down 0 2024-12-31
youth unemployment rate in.ytunemploymentrate 22.9 24.9 -8 0 Down Down 0 2021-01-31