
Radhika Pandey
2K posts

Radhika Pandey
@Radhikaskp
Economist with interest in macro financial policy and regulation, Associate Professor at NIPFP
























India's monthly labour data is here! Finally! The April data is pegging unemployment at 5.1%; rural unemployment at 4.5%; urban at 6.5%. While not strictly comparable, in the early days, till analysts get comfortable with the new data, there will be some comparison with CMIE, which shows a higher 7.7% unemployment rate. Other stats from today's govt data: *Unemployment in the urban 15-29 age bracket is 17.2% *Overall labour force participation rate is 42%; female labour force participation is 26%. Data will get debated and discussed for what it says about the economy as future months get released, but India macro data nerds will be thrilled at the addition! reuters.com/world/india/in…




