India’s Unemployment Holds at 5.5% in June

India’s unemployment rate held steady at 5.5% in June, unchanged from May, as higher energy costs and global supply disruptions weighed on growth. Urban joblessness rose to 6.6% from 6.4%, while rural unemployment eased to 5.0% from 5.1%, offsetting pressures. The Labour Force Participation Rate stayed at 54.4%, with female participation at 32.7%, elevated by recent standards.