India's Unemployment Rate Drops to 5.2%
India's unemployment rate has dropped to 5.2%, showing signs of improvement in the job market. According to the latest Labour Force Survey, the Labour Force Participation Rate (LFPR) rose to 54.9%. Rural areas lead with higher participation at 56.9%, while urban areas lag at 50.7%. The survey indicates a shift in employment types, with self-employment being more common in rural regions and salaried jobs dominating urban spaces. Agriculture remains the main employer in rural areas, while the tertiary sector thrives in cities. A total of 56.4 crore people are employed, highlighting the diverse employment landscape.
