Unemployment Rate In India 2024 In Percentage. India unemployment rate increased to 7.11% in dec 2020, from the previously reported figure of 5.27% in dec 2019. Unemployment rate in india averaged 8.17 percent from 2018 until 2024, reaching an all time high of 23.50 percent in april of 2020 and a record low of 6.40 percent in september of 2022.
The overall unemployment rate rose to 10.05% in october, up from 7.09% in september, marking the highest rate since may 2021. Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
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