{"id":271775,"date":"2023-11-30T18:13:37","date_gmt":"2023-11-30T12:43:37","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=271775"},"modified":"2023-11-30T18:13:37","modified_gmt":"2023-11-30T12:43:37","slug":"periodic-labour-force-survey-plfs-unemployment-rate-in-urban-areas-has-come-down","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/periodic-labour-force-survey-plfs-unemployment-rate-in-urban-areas-has-come-down\/","title":{"rendered":"Periodic Labour Force Survey (PLFS): Unemployment rate in urban areas has come down"},"content":{"rendered":"

Source: <\/b>The post is based on the article<\/span> \u201cUnemployment rate in urban areas has come down: survey<\/b>\u201d <\/b>published in<\/span> \u201cThe Hindu\u201d on 30th November 2023<\/b><\/p>\n

Why in the News?<\/h2>\n

According to the <\/span>Periodic Labour Force Survey (PLFS), the unemployment rate in urban areas of the country has decreased from 7.2% in July-September 2022 to 6.6% in July\u2013September 2023.<\/span><\/p>\n

What are the Key Findings of the PLFS?<\/h2>\n
\"PLFS
Source: The Hindu<\/figcaption><\/figure>\n

1) The unemployment rate<\/strong> (UR) for persons of age 15 years and above was 6.6% in July\u2013September 2023. <\/span>For men, the UR was 6% while for women, it was 8.6%.<\/p>\n

2) The labour force participation rate<\/strong> (LFPR) in urban areas increased to 49.3% in July\u2013 September 2023 for persons aged 15 years and above. While for males, LFPR increased to 73.8%, for females, LFPR increased to 24.0%.<\/p>\n

Note:<\/strong>
\n1) Unemployment Rate-<\/strong> It refers to the percentage of persons unemployed among the persons in the labour force.
\n2) Labour Force Participation Rate-<\/strong> It is the percentage of persons in the labour force (i.e. working or seeking or available for work) in the population.<\/span><\/p>\n

What is the Periodic Labour Force Survey (PLFS)?<\/h2>\n\n\n\n\n\n\n\n
Specifications<\/b><\/td>\nDetails<\/b><\/td>\n<\/tr>\n
Conducted by<\/b><\/td>\nNational Sample Survey Office (NSSO)<\/span><\/td>\n<\/tr>\n
Started in<\/b><\/td>\n2017<\/span><\/td>\n<\/tr>\n
Objectives<\/b><\/td>\nTo estimate the key employment and <\/strong><\/span>unemployment indicators <\/b>(such as UR, LFPR, etc) in the short time interval of <\/span>three months<\/b> for urban areas only<\/strong> in the \u2018Current Weekly Status\u2019<\/strong> (CWS).<\/span><\/td>\n<\/tr>\n
To estimate employment and unemployment indicators in both \u2018Usual Status\u2019 and CWS<\/strong> in both rural and urban areas<\/strong><\/span> annually.<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Note:<\/strong>
\n1) Current Weekly Status-<\/strong> The activity status determined on the basis of a reference period of last 7 days preceding the date of survey.
\n2) Usual Status-<\/strong> The activity status determined on the basis of a reference period of last 365 days preceding the date of survey<\/p>\n

UPSC Syllabus: Economy<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Source: The post is based on the article \u201cUnemployment rate in urban areas has come down: survey\u201d published in \u201cThe Hindu\u201d on 30th November 2023 Why in the News? According to the Periodic Labour Force Survey (PLFS), the unemployment rate in urban areas of the country has decreased from 7.2% in July-September 2022 to 6.6%… Continue reading Periodic Labour Force Survey (PLFS): Unemployment rate in urban areas has come down<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127],"tags":[11872],"class_list":["post-271775","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","tag-9pm-daily-factly","entry"],"jetpack_featured_media_url":"","views":{"total":5,"cached_at":"","cached_date":1701371317},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/271775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=271775"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/271775\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=271775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=271775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=271775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}