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The Economic Times

Economy / The Economic Times

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Unemployment rate hits 11-month high of 5.5% in May

India's unemployment rate climbed to a high in May. Rural joblessness saw a significant rise, reaching a 12-month peak. Urban unemployment eased slightly, particularly for women. Labour force participation and employment rates also saw a moderation. Youth unemployment edged up. These shifts suggest a softening in labour market conditions.

15 Jun 2026 6:58 pm