Current Affairs - Economy - Discussion

India’s unemployment rate declined to 4.7% in November, marking the lowest level recorded since April for individuals aged 15 years and above. This improvement reflects a positive trend in the labour market as measured by the Ministry of Statistics and Programme Implementation under the Current Weekly Status framework. The decline was supported by easing unemployment in both rural and urban areas, alongside an increase in labour force participation. Rising workforce engagement and sectoral recovery contributed to improved employment conditions, indicating gradual strengthening of economic activity and job absorption across regions.