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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