Unemployment Rate 2024 China And India. Unemployment rate in india increased to 8.50 percent in august from 7.90 percent in july of 2024. China unemployment rate dropped to 5.00% in jun 2024, from the previously reported figure of 5.20% in mar 2024.

India has lower rates of both male and female labour force participation compared to china, but the gap is much bigger for female lfprs. Unemployment refers to the share of the labor force that is without work but available for and seeking employment.