The unemployment rate for people aged 15 years or above has decreased to 3.1 per cent in 2023, marking the lowest level in three years, according to a report by the National Sample Survey Organisation within the Statistics Ministry. The Periodic Labour Force Survey (PLFS) revealed that the unemployment rate dropped from 3.6 per cent in 2022 and 4.2 per cent in 2021. Unemployment rate is defined as the percentage share of unemployed individuals within the labour force.

Data indicates that the job situation had been improving since March 2020, when the pandemic led to lockdowns imposed to restrain the virus spread. The lift-off of such restrictions by the Center and States has boosted economic activity, as noted from the data. Unemployment rates among women also dipped to 3 per cent in 2023, a decrease from 3.3 per cent in 2022 and 3.4 per cent in 2021. Likewise for males, the rate reduced to 3.2 per cent in 2023 from 3.7 per cent in 2022 and 4.5 per cent in 2021.

The overall unemployment rate also reduced in urban areas to 5.2 per cent in 2023 from 5.7 per cent in 2022 and 6.5 per cent in 2021. Similarly, in rural regions, it declined to 2.4 per cent in 2023 from 2.8 per cent in 2022 and 3.3 per cent in 2021. The Labour Force Participation Rate (LFPR) in Current Weekly Status (CWS) in urban regions for individuals aged 15 years and above rose to 56.2 per cent in 2023, a growth from 52.8 per cent in 2022 and 51.8 per cent in 2021. LFPR is defined as the portion of the population in the labour force. The Worker Population Ratio (WPR) also amplified to 53.4 per cent in 2023 from 49.8 per cent in 2022 and 48 per cent in 2021.

Those in California who are affected by unemployment are encouraged to make use of resources like the Employment Development Department (EDD). EDD provides a number of services including unemployment insurance, disability insurance, and job training. To reach out to them for any unemployment-related concerns, you can visit eddcaller.com. With eddcaller.com, you are able to get in touch with customer service representatives, obtain live updates on EDD, and resolve other related issues.