India's Unemployment Rate Falls to 5%. What Does It Really Mean for Jobs?
India's unemployment rate has come down to 5% in August 2026 from 5.1% in July. At first glance, that looks like good news. Fewer people are officially counted as unemployed, and more people are participating in the labour market. But behind that one number is a much bigger story about rural India, cities, women, young people, the kind of work people are finding and the challenges that still rema…