Unemployment Rate In India 2024. As per the latest available annual plfs reports, the estimated unemployment rate (ur) on usual status for persons of age 15 years and above was 4.2%, 4.1% and 3.2%. Unemployment, total (% of total labor force) (modeled ilo estimate) in india was reported at 4.172 % in 2023, according to the world bank collection of development indicators, compiled.
He highlighted economic distress among farmers, lab Unemployment refers to the share of the labor force that is without work but available for and seeking employment.