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The Hindu
The Hindu
National
The Hindu Bureau

Unemployment rate declined, says Centre’s survey

The Periodic Labour Force Survey (PLFS), carried out by the National Sample Survey Office (NSSO), has reported that the unemployment rate in the country has shown a decrease between April and June 2023. Similarly, the Labour Force Participation Rate (LFPR) for persons of age 15 years and above and the Worker-Population Ratio (WPR) have also improved during the period. This national survey processed details from 5,639 first-stage sampling units (FSUs) and 1,67,916 people from 44,190 urban houses.

The LFPR in urban areas increased from 47.5% in April-June 2022 to 48.8% in April-June 2023 for persons of age 15 years and above. “While it hovered around 73.5% for male during this period, for female, the LFPR increased from 20.9% to 23.2% during this period,” the Ministry of Statistics and Programme Implementation said in a release here on Monday.

The WPR in urban areas increased from 43.9% in April-June 2022 to 45.5% in similar months in this year for persons of age 15 years and above. For male, it increased from 68.3% to 69.2% and for female, it increased from 18.9% to 21.1% during this period.

The PLFS claimed a decreasing trend in Unemployment Rate (UR) for persons of age 15 years and above. “UR in urban areas decreased from 7.6% in April-June 2022 to 6.6% in April-June 2023 for persons of age 15 years and above. For male, it decreased from 7.1% to 5.9% during this period and for female, it decreased from 9.5% to 9.1% during this period,” the PLFS report said.

Key indicators

The Centre also claimed improvement in key labour market indicators in urban areas compared to those in pre-pandemic period (April-June 2018 to October–December 2019). The LFPR ranged from 46.2% to 47.8% during the pre-pandemic period and in the latest report it was 48.8%. The WPR was between 41.8% and 44.1% before the pandemic and now it is 45.5%. The Unemployment Rate ranged between 7.8% and 9.7% during the pre-pandemic period and at the latest survey it was 6.6%, which, according to the Centre, is lower than the unemployment rates observed in the quarters covered in the pre-pandemic period.

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