3 min. Read
|May 16, 2024 10:32 AM

Female Unemployment Drops to 8.5% in January-March 2024

Sheenu Pradhan
By Sheenu Pradhan
Company Logo
Advertisement

As per the data revealed by the government which shows Female Unemployment Dropped to 8.5% in January-March 2024.

  1. Increasing trend in Labour Force Participation Rate (LFPR) for persons of age 15 years and above

LFPR in urban areas increased from 48.5% in January – March 2023 to 50.2% in January – March 2024 for persons of age 15 years in above. While for male LFPR increased from 73.5% to 74.4% during this period, for female, LFPR increased from 22.7% to 25.6% during this period.

  1. Worker Population Ratio (WPR) for persons of age 15 years and above

WPR in urban areas increased from 45.2% in January – March 2023 to 46.9% in January – March 2024 for persons of age 15 years in above. For males, it increased from 69.1% to 69.8% during this period, and for females, it increased from 20.6% to 23.4% during this period.

  1. Unemployment Rate (UR) for persons of age 15 years and above

The unemployment rate in urban areas decreased from 6.8% in January – March 2023 to 6.7% in January – March 2024 for persons of age 15 years in above. For males, UR increased from 6.0% in January – March 2023 to 6.1% in January – March 2024, while for females UR decreased from 9.2% in January – March 2023 to 8.5% in January – March 2024.

Key Findings

  • Unemployment Rate (UR) in urban areas decreased from 6.8% to 6.7% during January – March 2023 to January – March 2024 for persons of age 15 years and above.
  • Female Unemployment decreased from 9.2% in January – March 2023 to 8.5% in January – March 2024.
  • Labour Force Participation Rate (LFPR) in urban areas has shown an increasing trend from 48.5% to 50.2% from January – March 2023 to January – March 2024 respectively for persons aged 15 years and above.
  • Female Labour Force Participation Rate in urban areas rises from 22.7% to 25.6% during January – March 2023 to January – March 2024, reflecting Overall Increasing Trend in LFPR.
  • Increasing Trend in Worker Population Ratio (WPR) for persons of age 15 years and above from 45.2% in January – March 2023 to 46.9% in January – March 2024.
  • The Female Worker Population Ratio in urban areas rises from 20.6% to 23.4% during January – March 2023 to January – March 2024, reflecting the Overall Increasing Trend in WPR.

The data was released by pib.gov.in.

Note: We are also on WhatsApp, LinkedIn, and YouTube, to get the latest news updates, Join our Channels. WhatsApp– Click hereto subscribe to YouTube – Click Here, and for LinkedIn– Click Here.

About the Author

Sheenu Pradhan

Contributing Writer

Contributing writer at SightsIn Plus. Passionate about HR technology and workplace trends.
View all articles by Sheenu Pradhan