Current Affairs - Economy - Discussion

According to the Periodic Labour Force Survey (PLFS) 2024 released by the Ministry of Statistics and Programme Implementation, the unemployment rate for individuals aged 15 and above in India experienced a slight decline from 5.0% in 2023 to 4.9% in 2024. This marginal dip reflects a modest improvement in the national employment scenario, despite ongoing disparities across gender and regions. While rural unemployment decreased slightly, urban areas showed a mix of trends, with male unemployment rising and female unemployment falling. These nuanced shifts underscore the complexity of the labour market and the importance of continuous monitoring and policy responses.