INSUBCONTINENT EXCLUSIVE:
Indias unemployment rate dropped to a five-year low in July-June 2021-22 to 4.1 percent, according to the most recent yearly Periodic
Labour Force Survey (PLFS), released by the National Statistical Office (NSO) on Friday
The unemployment rate under the so-called normal status throughout the 1 year duration decreased for the fourth successive year since it
was introduced in April 2017
In typical status, work is identified on the basis of the recommendation duration of 365 days preceding the date of the study, as unique
from employment status , figured out on the basis of a referral period of 7 days, which is known as the existing weekly status (CWS) of the
Throughout 2021-22, the unemployment rate in both rural and urban locations declined to 3.2 per cent and 6.3 per cent, respectively, from
3.3 per cent and 6.7 per cent, respectively, in 2020-21
The joblessness rate for rural females (2.1 per cent) was lower than it was rural guys (3.8 percent) in 2021-22, whereas in city areas, the
rate was high for women (7.9 percent) as compared to males (5.8 per cent)
The current study likewise showed the labour force participation rate (LFPR), which shows the percentage of people either working or seeking
work in the population, had increased substantially in the last 5 years from 37.5 percent in 2018-19 to 55.2 percent in 2021-22
The rural LFPR in the survey stood at 57.5 per cent, marginally up from 57.4 percent in 2020-21, whereas its city comparable saw an increase
to 49.7 per cent from 49.1 percent in the matching period
Independently, the NSO released the quarterly PLFS survey for metropolitan India, which revealed after decreasing for 5 consecutive quarters
till July-September FY23, Indias urban unemployment rate in existing weekly status terms stagnated at 7.2 percent in the December quarter,
the same as the September quarter
During the December quarter, while the unemployment rate for guys decreased partially to 6.5 percent, that of women increased narrowly to
9.6 percent from 6.6 percent and 9.4 percent, respectively
The LFPR in the December quarter increased marginally to 48.2 per cent from 47.9 percent in the September quarter
While the LFPR of males saw a minimal decrease to 73.3 per cent from 73.4 percent, that of females registered a small increase of 0.5
percentage points and stood at 22.3 percent, from 21.7 per cent in Q2
Prior to the PLFS, the National Sample Survey Organisation (now known as NSO) under the Ministry of Statistics and Programme Implementation
used to bring out the information related to employment and unemployment, based on home socio-economic studies once in 5 years
Youth joblessness (for the 15-29 age) marginally increased to 18.6 percent in the December quarter versus 18.5 percent in the September
quarter, mostly driven by a rise in the female youth joblessness rate to 25.1 from 24.7 during the same period.Ministry starts matching of
eShram data with ration cards To benefit over 286 million unorganised sector employees signed up on e-Shram website, the labour ministry has
actually initiated matching of the e-Shram beneficiaries information with the ration card (National Food Security Act (NFSA)) data offered
with the Department of Food and Public Distribution
I has actually been observed that of the 286 million eShram registrants, about just 206 million e-Shram registrants are registered in the
