On 16 August 2017, the 30-day moving average of all India unemployment rate stood at 3.58 per cent, witnessing a marginal increase of 7 basis points over the three day period beginning on 14th August. The increase in the overall moving average has been led by a rise in both rural and urban unemployment.
Rural unemployment, as observed through the 30-day moving average rose by 5 basis points from 3.18 per cent to stand at 3.23 per cent for the three day period. Similarly, the 30-day moving average of urban unemployment fell by 11 basis points to 4.29 per cent for the same period. As a result of this similar upward trend, the urban-rural rate differential increased by 6 basis points to end at 106 basis points. A higher gap reflects increasing inequality across regional employment.