India’s registered factories engaged 2.10 crore people in 2024-25, 14.1 lakh more than a year earlier. Since the pandemic year 2020-21, factory employment is up 30.5%.
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India and the US Have the Same Unemployment Rate. Here Is Why That Is Misleading
Both India and the US had unemployment of 4.2% in 2025 in ILO estimates. But the same number describes very different job markets.