The overall Labour Force Participation Rate (LFPR) for persons aged 15 years and above increased to 55.8 per cent during October–December 2025, up from 55.1 per cent in the previous quarter.
This is the lowest level-recorded unemployment rate since April this year.
Uttarakhand Chief Minister Pushkar Singh Dhami on Thursday claimed that his government has reduced the state's unemployment rate from more than 4.5 per cent in 2022-23 to 4.4 per cent in 2023-24.
Experts attribute the decline in the unemployment rate to the sowing season and the progress in hiring of workers.
Modi said unemployment is decreasing rapidly in both rural and urban areas of the country as benefits of development are reaching both villages and cities equally.
Russia's unemployment rate has dropped to a historic low of 3.6 per cent, President Vladimir Putin said.
Clarida stated at a virtual event held by the Brookings Institution on Monday that if the unemployment rate falls to 3.8 percent from its current level of 4.6 percent by the end of 2022, the US labour market will have reached its estimation of maximum employment.
The unemployment rate was the highest, 22.6 percent, among young people aged 15 to 24 years, an increase of 4.3 percentage points year-on-year.
The Mumbai-based think tank’s report showed that urban areas were among the most affected by the crisis.
Listing the names of states among which the state of Bengal registered the lowest ever figure in unemployment, the minister claimed that Gujarat had registered 4.8%, UP 6.4 %, Tamil Nadu 7.6 %, Telangana 7.6 % Rajasthan 5% and Odisha 7.1%.
