India Data Hub · Macro Data
India's unemployment rate rises to 5.2% in April from 5.1%
The jobless rate edged up, signaling cooling labor demand.
The read
India's unemployment rate rose to 5.2% in April, up from 5.1% in the prior month. This increase points to a slight softening in labor market conditions. Against a backdrop of uneven economic growth, the uptick suggests hiring may be losing momentum, a modest deterioration in employment. No forecast was provided.
Key numbers
- Unemployment rate (actual): 5.2%
- Unemployment rate (previous): 5.1%