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India’s Unemployment Falls to 4.7% in November as Participation Hits Series High

Officials urged caution, noting the monthly CWS series can be swayed by seasonal effects.

Overview

  • The November jobless rate is the lowest since the revamped monthly PLFS began in April, down from 5.2% in October.
  • The all-India labour force participation rate rose to 55.8%, the highest in the monthly series.
  • Rural unemployment fell to 3.9% and urban to 6.5%, with both declining by 50 basis points from October.
  • Female participation increased to 35.1% as female unemployment eased to 4.8%, while the male unemployment rate declined to 4.6%.
  • Youth unemployment dropped to 14.1%; MoSPI flagged that CWS-based monthly shifts may reflect seasonal and academic cycles, while reporters highlighted ongoing concerns about job quality, wages and informality.