Latest Skilling Programs News & Updates

India’s Unemployment Rate Drops to 4.9% in February, Reflecting Positive Hiring Trend

By

New Delhi, March 18 (IANS) The decline in India’s unemployment rate to 4.9 per cent in February reflects an encouraging shift in the rhythm of hiring. Employment creation is no longer locked within a handful of urban hubs or select industries.February’s gains were spread across manufacturing, construction, retail, logistics, and agriculture — a sign that recovery is broad based and reaching both rural and urban India, according to an article in India Narrative.The government’s capital ex…