CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In accordance with the annual Periodic Labour Force Survey for [July 2018-June 2019] of NSO, MoSPI, India’s unemployment rate fell between July 2018 and June 2019 to what percent from 6.1% during the same period of 2017-18?
A
4.8%
B
3.8%
C
2.8%
D
5.8%
Explanation: 

Detailed explanation-1: -India’s unemployment rate dips to 7.2% in July-Sept 2022 according to National Statistical Office (NSO)’s Periodic Labour Force Survey (PLFS).

Detailed explanation-2: -Labour Force Participation Rate: The labour force participation rate rose to 37.5% during 2018-19 from 36.9% of 2017-18. Female Participation Rate: The female participation rate also improved going up to 18.6% in 2018-19 from 17.5% the year before.

Detailed explanation-3: -According to separate quarterly figures prepared by the state-run National Statistical Office (NSO) and released in November 2022, the unemployment rate decreased to 7.2% in the July-September quarter from 7.6% in the preceding quarter.

Detailed explanation-4: -Labour force participation rate in CWS (Current Weekly Status) in urban areas for persons aged 15 years and above increased to 47.9 percent in the July-September quarter from 46.9 percent in the same period a year ago. It was 47.5 per cent in April-June 2022.

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