Current Affair 1:

The report was released recently.

Considering the importance of availability of labour force data at more frequent time intervals, National Sample Survey Office (NSSO) launched Periodic Labour Force Survey (PLFS) in April 2017.

The objective of PLFS is primarily twofold:

1. to estimate the key employment and unemployment indicators (viz. Worker Population Ratio, Labour Force Participation Rate, Unemployment Rate) in the short time interval of three months for the urban areas only in the ‘Current Weekly Status’ (CWS).
2. to estimate employment and unemployment indicators in both ‘Usual Status’ (ps+ss) and CWS in both rural and urban areas annually. We will see data on annually basis below.

We will read report through images. It will be interesting.

Before moving to report, go through these terms:

Increasing Trend in Labour Force Participation Rate (LFPR) for persons of age 15 years and above: In rural areas, LFPR increased from 50.7% in 2017-18 to 63.7% in 2023-24 while for urban areas it increased from 47.6% to 52.0%.

Increasing Trend in Worker Population Ratio (WPR) for persons of age 15 years and above: In rural areas, WPR increased from 48.1% in 2017-18 to 62.1% in 2023-24 while for urban areas it increased from 43.9% to 49.4%.

Decreasing Trend in Unemployment Rate (UR) for persons of age 15 years and above:

In rural areas, UR decreased from 5.3% in 2017-18 to 2.5% in 2023-24 while for urban areas it decreased from 7.7% to 5.1%. UR for male in India decreased from 6.1% in 2017-18 to 3.2% in 2023-24 and corresponding decrease for female was from 5.6% to 3.2%.

 

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