Indian Economy Grows on Strong Services and Jobs, But Gender Gap Persists
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Indian economy grew 7.8% in Q1 2022-23 on strong services growth and domestic demand
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Urban unemployment rate fell to 6.6% in Q1 from 6.8% in previous quarter
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Female labor force participation in urban areas rose to 23.2% from 22.7% in previous quarter
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Rural unemployment rate declined to 2.4% in 2022-23 compared to 3.2% in previous year
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Female participation improved but unemployment still higher for women than men in urban areas