Current Affairs - Economy - Discussion

India’s unemployment rate for individuals aged 15 years and above declined to 5.1% in July 2026, compared with 5.5% in June 2026, according to the Periodic Labour Force Survey (PLFS) Monthly Bulletin released by the National Statistics Office (NSO). The decline was accompanied by improvements in labour market indicators. The overall Labour Force Participation Rate (LFPR) increased to 55.4%, while the Worker Population Ratio (WPR) rose to 52.5%. Rural unemployment also decreased to 4.5%. The survey used the Current Weekly Status (CWS) approach for estimating employment and unemployment conditions.