unemployment price: City unemployment price dips to eight.7% in October-December quarter

Unemployment price in city India within the October-December quarter of 2021-22 fell for the second consecutive quarter to eight.7% from 9.8% in July-September quarter and 12.6% within the April-June quarter after the ebbing of the second wave of the pandemic. It stood at 10.3% in the identical quarter of 2020-21.

The quarterly periodic labour pressure survey launched by the ministry of statistics and programme implementation on Friday confirmed male unemployment price in the course of the interval at 8.3% whereas the feminine city unemployment price was increased at 10.5%, the development seen during the last a number of quarters.

As per the survey, the labour pressure participation price for all ages had elevated quarter-on-quarter and stood at 47.3% in October-December quarter in comparison with 46.9% in July-September quarter.

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