Overview
- The Ministry of Statistics and Programme Implementation will release the first monthly unemployment report on May 15, 2025, covering data for January, February, and March.
- This transition replaces the previous system of quarterly urban unemployment data and annual rural-urban combined data reporting.
- Officials emphasize the statistical robustness and representativeness of the new data, which undergoes internal consistency checks to ensure credibility.
- The government plans to expand high-frequency economic indicators, including private capital expenditure data by April-end and new quarterly surveys on rural labor and the informal sector starting next year.
- This initiative aligns India with international standards, addressing the need for timely and reliable labor market data for economic planning.