India’s urban unemployment rate decreased to 6.5% in Q4 2023, down from 7.2% in the same quarter in 2022 for individuals aged 15 years and above, according to the Periodic Labour Force Survey (PLFS) from the Ministry of Statistics. In terms of genders, the unemployment rate for men during this period dropped from 6.5% to 5.8%, whereas the rate for women fell from 9.6% to 8.6%. Unemployment rate refers to the percentage of unemployed people among the total workforce. The increase in the workforce population ratio, indicating a higher percentage of employed people in the population, was in line with these statistics. Survey details indicate that 5,697 blocks at the all-India level were surveyed in urban areas throughout Q4 2023. The number of urban households surveyed was 44,544, with 1,69,209 people being surveyed.

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