- 03 July | Enrich Your Ethics Answers with GS Knowledge: IAS Rank 1 Shruti Sharma | Click Here to Watch →
- 04 July | The Reality of Writing UPSC Mains by Ayush Sinha | Click Here to Watch →
- 05 July | The Right Time to Start UPSC Answer Writing by IAS Rank 39 Rohin Kumar | Click Here to Watch →
- 06 July | Why You Should Prepare for Mains Before Prelims by IAS Rank 28 Prachi Honey | Click Here to Watch →
Contents
What is the News?
The Ministry of Statistics and Programme Implementation has released the Periodic Labour Force Survey(PLFS) for 2020-21.
What is the Periodic Labour Force Survey(PLFS)?
What are the key findings of the survey?
Unemployment Rate: The unemployment rate saw a decrease of 0.6% and fell to 4.2% in 2020-21 compared with 4.8% in 2019-20.
– This means that only 4.2% of adults who looked for jobs could not get any work in rural and urban areas of the country in 2020-21.
– Rural areas recorded an unemployment rate of 3.3% and urban areas recorded an unemployment rate of 6.7%.
Labour Force Participation Rate(LFPR): It is defined as the section of the working population in the age group of 16-64 in the economy currently employed or seeking employment.It was 41.6% during 2020-21 compared to 40.1% in the previous year.
Worker-Population Ratio(WPR): It is defined as the percentage of employed persons in the population. It was 39.8% in 2020-21, an increase from 38.2% of the previous year.
Migrants: Migrants are defined in the survey as a household members whose last usual place of residence, at any time in the past, was different from the present place of enumeration.
– According to the survey, the migration rate is 28.9%. The migration rate among women was 48% and 47.8% in rural and urban areas respectively.
Note: PLFS says that only 4.4% of migration happened due to employment which is a drastic reduction from the 10% in 2011. Hence, this report justifies the theory of large-scale reverse migration and job losses during the pandemic.
Source: The post is based on the article “Periodic Labour Force Survey(PLFS) – Annual Report” published in PIB on 14th June 2022.
