The Periodic Labour Force Survey (PLFS) for the period July 2023 to June 2024 showed no change in India’s unemployment rate, which remained at 3.2% in 2023-24 after five years of reduction

India's GDP growth is projected to slow to 6% for the quarter ending June 2024, a six-quarter low, due to reduced government capital expenditure and declining urban consumer confidence, says ICRA.