<h1>India's Unemployment Drops to 4.2% in 2020-21; Economic Survey Highlights Labor Recovery and Female Participation Boost.</h1> Unemployment rates in India decreased from 5.8% in 2018-19 to 4.2% in 2020-21, with significant improvements in female labor force participation, especially in rural areas. The Economic Survey 2022-23 highlights labor market recovery post-Covid, driven by progressive labor reforms and the world's largest vaccination drive. The survey emphasizes the need to broaden the measurement of women's work, recognizing unpaid domestic contributions. Formal employment has rebounded, with increased EPFO subscriptions and the successful implementation of the E-Shram portal, registering over 28.5 crore unorganized workers. The survey calls for enhanced support systems to promote gender-inclusive growth.