Unemployment falls further
On 27 April 2017, the 30-day moving average of the all India unemployment rate decreased by 4 basis points to 3.78 per cent, as compared to the previous day. This was due to a decline in rural unemployment, offsetting the increase in urban unemployment.
The 30-day moving average of rural unemployment rate fell by 8 basis points to stand at 3.63 per cent. However, the 30-day moving average of urban unemployment rate rose marginally by 2 basis points to 4.08 per cent for the same period. As a result of this opposing trend, the urban-rural differential increased by 10 basis points to 45 basis points.