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The Economic Times

Economy / The Economic Times

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India's unemployment rate rises to 5.5% in May

India's unemployment rate saw an increase in May, reaching 5.5%. This marks a rise from April's 5.2%. Government data indicates a slight uptick in joblessness. Both the Labour Force Participation Rate and Worker Population Ratio moderated. This suggests a softening of labour market conditions. Employment opportunities contracted, leading to more unemployed individuals within the labour force.

15 Jun 2026 4:10 pm