From January to March 2023, the unemployment rate for persons aged 15 years and above was 6.8 percent which rose to 8.5 percent in April 2023. However, the unemployment rate of May 2023 shows a fall of 0.8 percent. 📰 Unemployment Rate in India Falls to 7.7% in May 2023 From 8.5% in April 2023, Jobs in Urban Areas Decline by Around 2.4 Million; Economic Think Tank Reveals Reason Behind Drop.