Periodic Labour Force Survey (PLFS) Annual Report (July, 2023 – June, 2024) released by NSSO | Current Affairs | Vision IAS
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    Periodic Labour Force Survey (PLFS) Annual Report (July, 2023 – June, 2024) released by NSSO

    Posted 24 Sep 2024

    1 min read

    PLFS was launched in 2017 to estimate key employment and unemployment indicators. The objective of PLFS is primarily twofold:

    • To estimate key employment and unemployment indicators (viz. Worker Population Ratio, Labour Force Participation Rate, Unemployment Rate) in short time interval of three months for urban areas only in ‘Current Weekly Status’ (CWS).
    • To estimate employment and unemployment indicators in both ‘Usual Status’ and CWS in both rural and urban areas annually.

    Key Indicators used in PLFS

    • Worker Population Ratio (WPR): Percentage of employed persons in population.
    • Labour Force Participation Rate (LFPR): Percentage of persons in labor force (i.e. working or seeking or available for work) in the population.
    • Unemployment Rate (UR): Percentage of persons unemployed among persons in labour force.
    • Activity Status: It is determined on basis of the activities pursued by person during specified reference period (preceding date of survey).
      • Usual Status: Reference period is 365 days
      • Current Weekly Status (CWS): Reference period is  7 days 

    Key Findings

    Indicator

    2022-23

    2023-24

    Trend

     

    LFPR

     

     

    Total

    57.9%

    60.1%

    Increase

    Rural

    60.8 %

    63.7%

    Increase

    Urban

    50.4 %

    52.0%

    Increase

    Male

    78.5 %

    78.8%

    Increase

    Female

    37.0 %

    41.7%

    Increase

    WPR

    Total

    56.0%

    58.2%

    Increase

     UR

    Total

    3.2%

    3.2%

    Unchanged

     

    • Tags :
    • Unemployment Indicators
    • PLFS Survey
    • Worker Population Ratio
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