New Delhi, April 26 -- India is witnessing a positive trend in job growth, according to the latest World Bank report.
Since the 2021-22 fiscal year, employment in the country has grown at a faster pace than the working-age population, the report highlighted. A significant aspect of this growth is the rising participation of women in the workforce.
"Employment growth has outpaced the working-age population since 2021-22. Employment rates, especially among women, are rising, and urban unemployment fell to 6.6 per cent in Q1 FY24/25, the lowest since 2017-18," the World Bank report said.
The report also noted a sharp fall in urban unemployment. In the first quarter of the 2024-25 financial year, urban unemployment dropped to 6.6 per cent-...
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