Periodic Labour Force Survey : In News
The Periodic Labour Force Survey (PLFS) for the period between July 2023 and June 2024 was released by the Labour Bureau.
Key Findings:
- Labour Force Participation Rate (LFPR) for persons of age 15 years and above was 60.1%. The same for male and female was 78.8% and 41.7% respectively.
- Worker Population Ratio (WPR) for persons of age 15 years and above was 58.2%. The same for male and female was 76.3% and 40.3% respectively.
- Unemployment Rate (UR) was 3.2% for both male and females of age 15 years and above.
Unemployment Rate for male has shown a marginal decline from 3.3% during July 2022 – June 2023 to 3.2% during July 2023 – June 2024, among females it has increased from 2.9% to 3.2% during the same time span.
Periodic Labour Force Survey (PLFS):
- Considering the importance of availability of labour force data at more frequent time intervals, the National Statistical Office (NSO) launched the Periodic Labour Force Survey in April 2017.