India's unemployment falls to 5.1% in July amid rural recovery
- India's unemployment fell to a four-month low of 5.1% in July from 5.5% in June, helped by improved employment conditions in rural areas.
- Urban unemployment edged up to 6.7% while urban female unemployment rose to 8.8%, bucking the broader trend.
- Overall labour force participation rose to 55.4% in July, with female participation improving to 34.4% from 32.7%.
- The worker population ratio improved to 52.5% from 51.4%, its first increase since February, per August 17 data.
Source: moneycontrol.com
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