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2025.08.1812:12:43UTC+00India Unemployment Rate Approaches Record Low

India's unemployment rate fell to 5.2% in July 2025, marking a significant decrease from 5.6% in the previous month. This figure is the lowest since April's record low of 5.1%, highlighting the resilience of the Indian economy prior to the anticipated hike in US tariffs. These tariffs pose a potential threat to critical sectors of the domestic economy if they are not rolled back by the end of the September quarter. The unemployment rate for men stood at 5.3%, slightly higher than the 5.2% rate for women. Meanwhile, the youth unemployment rate, covering individuals aged 15 to 29, was reported at 14.9%.

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