Although the unemployment rate remained very high at 23.5 per cent in May 2020, labour market conditions improved during the month. The labour participation rate and the employment rate improved significantly. The total number of people employed increased by 21 million during May 2020.
The unemployment rate at 23.5 per cent in May was the same as it was in April. But, the labour participation rate improved from 35.6 per cent to 38.2 per cent and the employment rate improved from 27.2 per cent to 29.2 per cent. While the main labour market ...
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First Published: Mon, June 01 2020. 23:59 IST
