CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to the Periodic Labour Force Survey (PLFS) 2017-18, what is the percentage of India’s young people in the labour force are unemployed?
A
9.6%
B
12.3%
C
15.5%
D
17.8%
Explanation: 

Detailed explanation-1: -According to Periodic Labour Force Survey (PLFS) 2017-18, 6.1% of India’s labour force, and 17.8% of young people (15-29 years) in the labour force are unemployed.

Detailed explanation-2: -From a 6% unemployment rate in 2017, India’s unemployment rate would climb to 8.3% by 2022. According to the estimate, over the next four years, 10 million more people will join the ranks of the unemployed, bringing the total to 220 million by 2022.

Detailed explanation-3: -Union Minister Dr Jitendra says, Worker Population Ratio (WPR) has increased from 46.8% in 2017-18 to 52.6% in 2020-21, reflecting higher engagement of people in productive activities.

Detailed explanation-4: -The Periodic Labour Force Survey (PLFS) was designed with two major objectives for measurement of employment and unemployment. The first was to measure the dynamics in labour force participation and employment status in the short time interval of three months for only the urban areas in the Current Weekly Status (CWS).

Detailed explanation-5: -India’s unemployment rate dips to 7.2% in July-Sept 2022 according to National Statistical Office (NSO)’s Periodic Labour Force Survey (PLFS).

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