labour force Current Affairs, GK & News

Periodic Labour Force Survey- Update

In the period of October-December 2021, the unemployment rate for all those aged 15 years and above in the country’s urban areas slipped from 10.3 per cent that was recorded in the same quarter a year ago to 8.7 per cent. A periodic labour force survey by the National Statistical Office (NSO) showed this. What ..

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India’s Unemployment rate – Recent Trends

The Centre for Monitoring Indian Economy (CMIE) recently released the unemployment status report of India for the month of December, 2021. According to the report, the unemployment rate in the country was 7.91% in December. It was 7% in November. Highest Unemployment Rates Highest unemployment rate was reported in Haryana. Around 34.1% were unemployed in ..

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NSO Periodic Labour Force Survey – December 2021

The National Statistical Office recently released its findings of the Periodic Labour Force Survey (PLFS). This is a Quarterly bulletin and is tenth is the series. This is for January to March 2021. What are the key findings of 2021 survey? The unemployment rate of people in the age of 15 years and above was ..

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People’s bank of china report on India’s demographic advantage

The Central Bank of China, that is, the People’s bank of China recently released a report on Demographics. Report on Demographics of China According to the report, the strict birth policies of China has led to the problem of dwindling work force and the problem of ageing population. Dwindling means gradually diminishing. The report also ..

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Ministry of Finance approved creation of National Database of Unorganised sector

The Finance Ministry has given its approval for the creation of national database for unorganised sector. It will be the first-ever national database for migrant workers. The aim of creating national database is to give a proper platform to migrant labourers. It will also make it easy for the government to implement programmes for the ..

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Jobless Growth in Indian Economy

The Periodic Labour Force Survey (2017-18) makes the following  two important observation about Indian economy: Shrinking share of the labour force. Rising unemployment. Unemployment Rates The labour force participation rate has shrunk to 49.7% in 2018 against 55.5% in 2012. This roughly translates into an absolute decline in the number of workers from 467.7 million in ..

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