NSO survey: Unemployment rate rose to 13.3% in July-Sept 2020
National Statistical Office (NSO) has published the eighth periodic labour force survey recently. According to the survey, unemployment rate in India has increased to 13.3 per cent in the period of July-September 2020. Unemployment rate was 8.4 per cent in July-September 2020.
- As per the survey, joblessness or unemployment rate (UR) was 20.9 percent in April-June 2020. UR is defined as the percentage of unemployed persons in labour force.
- In September 2020, labour force participation rate for all ages was 37 per cent. It has increased from 36.8 per cent in September 2019.
- Labour force participation rate was 35.9 per cent in April-June 2020.
- WPR has decreased to 32.1 per cent in July-September 2020 as compared to 33.7 per cent in the same period in 2019.
It refers to the part of population that supplies or offers to supply labour to pursue economic activities for production of goods and services. It includes both employed and unemployed persons.
Periodic Labour Force Survey (PLFS)
Periodic labour force survey was launched by NSO in April 2017. Based on PLFS, quarterly bulletin is provided by giving estimates of labour force indicators such as UR, Worker Population Ratio (WPR), Labour Force Participation Rate (LFPR), distribution of workers by broad status in employment & industry of work in Current Weekly Status (CWS).
Current Weekly Status (CWS)
CWS estimates on unemployed persons provides an average picture of unemployment in short period of 7 days during the survey period. In CWS approach, a person is considered unemployed if he/she did not work even for 1 hour on any day in a week.
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