TIL Desk/Business/New Delhi/ The unemployment rate for persons of 15 years and above in urban areas slipped to 8.7 per cent in October-December 2021 from 10.3 per cent in the year-ago quarter, showed a periodic labour force survey by the National Statistical Office (NSO). Joblessness or unemployment rate (UR) is defined as the percentage of unemployed persons in the labour force.
Joblessness was high in October-December in 2020 mainly due to the staggering impact of the lockdown restrictions in the country, which were imposed to curb the spread of the deadly coronavirus. The unemployment rate for persons of age 15 years and above in July-September 2021 was 9.8 per cent in urban areas, the 13th Periodic Labour Force Survey (PLFS) showed.
It also showed that the unemployment rate among females (aged 15 years and above) in urban areas also declined to 10.5 per cent in October-December 2021 from 13.1 per cent a year ago. It was 11.6 per cent in July-September 2021.
