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India’s Unemployment Rate Drops to 6.4% in July-September 2024 Quarter

India’s Unemployment Rate Drops to 6.4% in July-September 2024 Quarter:

In the July-September 2024 quarter, India’s urban unemployment rate decreased to 6.4%, marking the lowest level observed in recent years. The rate has dropped from 6.6% in the previous quarter and remains consistent with the rate recorded in the same period last year. This improvement reflects positive trends in employment, particularly in urban areas, indicating progress in job creation and labor force participation.