A rising unemployment rate and the decline in labour force participation rates, expectedly, have adversely affected wage growth in the rural economy. ... The decline is 8% in rural India, but a 2 percentage point rise in urban India during those years.
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A rising unemployment rate and the decline in labour force participation rates, expectedly, have adversely affected wage growth in the rural economy. ... The decline is 8% in rural India, but a 2 percentage point rise in urban India during those years.