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Periodic Labour Force Survey 2019-20

Periodic Labour Force Survey 2019-20:

The National Statistical Office (NSO) released the third annual report on Periodic Labour Force Survey (PLFS), conducted between July 2019 and June 2020.

  • Labour indicators recorded an all-round improvement in 2019-20 compared with the previous two years i:e 2017-18 and 2018-19.

Unemployment Rate:

  • The unemployment rate fell to 4.8% in 2019-20. In 2018-19, it stood at 5.8% and 6.1% in 2017-18.

Worker Population Rate:

  • It improved to 38.2% in 2019-20 compared with 35.3% in 2018-19 and 34.7% in 2017-18.

Labour Force Participation Ratio:

  • It increased to 40.1% in 2019-20 from 37.5% and 36.9%, respectively, in the last two years. The higher the LFPR, the better.

Gender Based Unemployment Rate:

  • The data showed the jobless rate for both male and female fell to 5.1% and 4.2%, respectively, in 2019-20 from 6% and 5.2% in 2018-19.
  • WPR and LFPR also comparatively improved during the year.

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