India unemployment rate


India unemployment rate: 7.64 (-4.62%)
Last Update: March 31, 2024

India unemployment rate closed down 7.64 as of March 31, 2024 from 8.01 from the previous month and 8.06 from last year.


India unemployment rate Analytics & Data




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India unemployment rate

DateValues
2024-03-31 7.64
2024-02-29 8.01
2024-01-31 6.78
2023-12-31 8.65
2023-11-30 8.88
2023-10-31 9.42
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 8.06
2023-02-28 7.45
2023-01-31 7.11
2022-12-31 8.3
2022-11-30 8
2022-10-31 7.9
2022-09-30 6.4
2022-08-31 8.3
2022-07-31 6.8
2022-06-30 7.8
2022-05-31 7.1
2022-04-30 7.8

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India unemployment rate Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
unemployment ratein.unemploymentrate7.648.01-5-5DownDown272024-03-31

India unemployment rate Factors

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India unemployment rate Historical Data

The MacroVar database offers free access to historical data for the India unemployment rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of India unemployment rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the India unemployment rate

The unemployment rate in India refers to the percentage of the total labor force that is currently unemployed and actively seeking employment. It is an important indicator of the health of the economy and the availability of job opportunities for its citizens. High rates of unemployment can lead to social and economic challenges, such as poverty, inequality, and social unrest. The government of India has implemented various policies and programs to address the issue of unemployment, such as skill development initiatives, job creation schemes, and support for entrepreneurship. Monitoring and addressing the unemployment rate is crucial for ensuring sustainable economic growth and improving the quality of life for all citizens.