Unemployment Rate in India decreased to 7.90 percent in February from 8.20 percent in January of 2025. This dataset provides - India Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The statistic shows the unemployment rate in India from 1999 to 2024. In 2024, the unemployment rate in India was estimated to be 4.2 percent. India's economy in comparison to other BRIC states India possesses one of the fastest-growing economies in the world and as a result, India is recognized as one of the G-20 major economies as well as a member of the BRIC countries, an association that is made up of rapidly growing economies. As well as India, three other countries, namely Brazil, Russia and China, are BRIC members. India’s manufacturing industry plays a large part in the development of its economy; however its services industry is the most significant economical factor. The majority of the population of India works in this sector. India’s notable economic boost can be attributed to significant gains over the past decade in regards to the efficiency of the production of goods as well as maintaining relatively low debt, particularly when compared to the total amount earned from goods and services produced throughout the years. When considering individual development as a country, India progressed significantly over the years. However, in comparison to the other emerging countries in the BRIC group, India’s progress was rather minimal. While China experienced the most apparent growth, India’s efficiency and productivity remained somewhat stagnant over the course of 3 or 4 years. India also reported a rather large trade deficit over the past decade, implying that its total imports exceeded its total amount of exports, essentially forcing the country to borrow money in order to finance the nation. Most economists consider trade deficits a negative factor, especially in the long run and for developing or emerging countries.

As of March 2025, South Africa had the highest unemployment rate among the 19* countries that are members of the G20. The unemployment rate in South Africa stood at **** percent that year. The country has recently been plagued by an economic downturn, including energy shortages and high unemployment levels. On the other hand, Japan had the lowest unemployment rate at just *** percent. Economic inequality in South Africa Not only does South Africa top the G20 in overall unemployment, but it also has a significant level of youth unemployment, as nearly half of the young population is unemployed. Thirty years after the end of Apartheid, South Africa is also still one of the most unequal countries in the world, with a Gini score of ****. The prominence of inequality in the country makes escaping unemployment and underemployment difficult. Japanese economic slowdown While Japan had the lowest unemployment rate out of all G20 nations, as well as the lowest youth unemployment rate out of the G20 nations, Japan’s economy is still facing many challenges. With an aging population, the total Japanese population is facing a rapid decline, meaning that it will struggle to have enough workers participating in the labor market. Despite this, Japan maintains strict immigration policies, limiting the chances for foreign workers to move to Japan. Moreover, Japan has the second lowest fertility rate out of the G7 nations and one of the lowest fertility rates globally, adding another challenge in addressing population shrinkage.

Nykaa along with other beauty retailers experienced a growth in the number of employees with an increase of one percent in March 2024. Comparatively, Just Herbs company had contraction in the number of employees by two percent.

This dataset provides values for EMPLOYMENT RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

In June 2024, the number of marketing professionals hired by the advertising and marketing branches of various companies across India was reported to have been about 4,226 employees. The monthly employment levels fluctuated throughout 2020 and dropped drastically in April as a result of the COVID-19 pandemic, after which an upward recruitment trend re-emerged. India underwent multiple lockdown phases between the months of March and July 2020.

The statistic shows the number of Burberry employees worldwide in 2024, by region. As of March 30, 2024, Burberry employed 4,591 people in the EMEIA region, which includes Europe, Middle East, India, and Africa.

In 2024, Tata Consultancy Services, the multinational information technology service company, had almost ******* employees worldwide. This was a decrease of approximately ****** when compared to the previous year. Tata Consultancy Services Headquartered in Mumbai, India, Tata Consultancy Services provides IT, business consulting, and outsourcing services in over ** countries. For the fiscal year ending March 31, 2023, they had revenue of approximately **** trillion Indian rupees. When broken down by region, more than half of this revenue came from the Americas. By industry vertical, banking, financial services, and insurances made up about ** percent of their total revenue. Business process outsourcing (BPO) market Outsourcing is a business practice when a company hires another company to do other services that could be done internally. As a result, this causes controversy. Those opposed it say that it gets rid of jobs domestically. Those in favor of it say that it helps maintain the nature of the free market because businesses can distribute resources in the most effective manner. In 2019, the global market size of outsourced services amounted to **** billion U.S. dollars. Regionally, most of this revenue came from the Americas. By service type, information technology outsourcing generated **** percent of revenue, while ** percent of the revenue came from business process outsourcing.