Periodic Labour Force Survey : NSO
According to the latest Periodic Labour Force Survey (PLFS) released by the National Statistical Office (NSO):
- India’s urban unemployment rate jumped to 12.6 per cent in the April-June quarter of 2021, compared to 9.3 per cent in the January-March quarter.
- It, however, eased from the 20.8 per cent level seen during the first wave of the Covid pandemic.
- The biggest casualty of the pandemic will be joblessness.
- The country’s unemployment rate has risen through much of April, having hit 7.4%, and threatens to climb further to around 8% significantly higher than the 6.5% in March, according to CMIE.
- Approximately 10 million salaried jobs have been lost, across urban and rural India, and one is not sure how many people will get back their livelihoods.
- Urban females fared worse than urban males. In the 15-29 age group, the unemployment rate for urban females stood at 31 per cent compared with 24 per cent for males during April-June 2021.
- The unemployment rate for urban females and males stood at 36 per cent and 34.3 per cent, respectively, in April-June 2020.