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India’s Unemployment Rate Climbs to 5.6% in May

Seasonal farm slowdown combined with high summer temperatures reduced workforce engagement

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Overview

  • The Periodic Labour Force Survey’s second monthly release shows joblessness rising to 5.6% in May from 5.1% in April
  • Labour force participation dipped to 54.8% from 55.6%, with female LFPR falling by over a percentage point to 36.9%
  • The Worker Population Ratio declined to 51.7% from 52.8%, indicating fewer employed individuals in the population
  • Unemployment among 15–29-year-olds jumped to 15% from 13.8%, and women’s joblessness edged up to 5.8%
  • Rural unemployment rose sharply to 5.1% from 4.5% while urban joblessness climbed to 6.9% from 6.5%