Annual Report of Periodic Labour Force Supply
On June 3, the National Statistical Office launched the Annual Report of Periodic Labour Force Survey.
According to the survey, the worker population ratio increased to 35.3% as compared to 34.7% in 2017-18. The unemployment rate fell to 5.8% in the period July 2018 to June 2019 as compared to 6.1% in the same period 2017-18. The Labour Force participation rate increased to 37.5% as compared to 36.9% in 2017-18.
The survey has also found that the worker population went up to 35.3% as compared to 34.7% in the year 2017-18.
In Urban India, the unemployment rate fell to 7.7% in 2018-19 from 7.8% earlier. Also, the female participation rate improved in both rural and urban India from 17.5% to 18.6%.
About Periodic Labour Force Supply
The Survey is the first computer-based survey of India. It provides estimates of unemployment indicators such as worker population ratio, labour force participation rate, unemployment rate in rural households, proportion unemployed.
The main objective of the survey is to estimate employment and unemployment indicators such as Labour Force Participation rate, worker population ratio and unemployment rate. The annual report of the survey was released in May 2019 for the year 2017-2018.
Month: Current Affairs - June, 2020
Category: India Nation & States Current Affairs