Unemployment Rate in India
Unemployment Rate in India Introduction The problem of unemployment has always been crucial for economies all around the world. It stands for the fraction of the labour force that is actively looking for work but is having trouble locating suitable positions. An important indicator of the health of an economy and its labour market is the unemployment rate. We will examine the idea of the unemployment rate, how it is calculated, and the factors that affect it in this blog article. We will also talk about how a high or low unemployment rate affects people and the economy as a whole. Unemployment Rate Definition: The unemployment rate is a percentage that represents the part of the labour force—both employed and unemployed people—that is actively looking for work but is unable to find it at the moment. Usually, it is calculated.