BUSINESSTHE HINDU NATIONAL
Marginal increase in unemployment rate in May
The unemployment rate in May showed a marginal increase overall, with rural unemployment rising from 4.6% in April to 5.1% in May, while urban unemployment decreased slightly from 6.6% in April to 6.4% in May.
Related Signal
Adjacent reporting
- French Unemployment Jumps Above 8% for First Time in Five Years
- Australia’s Surprising Jump in Unemployment Trims Rate-Hike Bets
- Spain’s Jobless Rate Increases the Most Since the Pandemic
- Australia’s unemployment rate jumps to 4.5% in ‘tentative signs labour market is buckling’
- U.S. payrolls rose by 172,000 in May, much more than expected; unemployment at 4.3%
- Arizona added jobs in April, but its employment rate has been stuck at 2024 levels for 2 years