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Brief
On 31/01/2025, the Ministry of Labour and Employment issued an update regarding "Labour market indicators show substantial improvement in last few years: Economic Survey 2024-25". The unemployment rate has declined significantly from 6% in 2017-18 to 3.2% in 2023-24, while female labour force participation rate has increased from 23.3% in 2017-18 to 41.7% in 2023-24, reflecting improved labour market indicators.
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