CURRENT AFFAIRS

Detailed explanation-1: -Muskan Anand. Option A) National Statistics Office : Under the periodic labour force survey (PLFS), a quarterly bulletin is released by the National Statistical Office (NSO), giving estimates of labour force indicators namely unemployment rate, Worker Population Ratio (WPR), Labour Force Participation Rate (LFPR) etc.

Detailed explanation-2: -Considering the importance of availability of labour force data at more frequent time intervals, National Statistical Office (NSO) launched Periodic Labour Force Survey (PLFS) in April 2017.

Detailed explanation-3: -Considering the importance of the availability of labour force data at more frequent time intervals, the NSO launched the Periodic Labour Force Survey (PLFS) in April 2017.

Detailed explanation-4: -What are the Highlights of PLFS? Unemployment Rate: It shows that the unemployment rate fell to 4.2% in 2020-21, compared with 4.8% in 2019-20. The rural areas recorded an unemployment rate of 3.3% and urban areas recorded an unemployment rate of 6.7%.

Detailed explanation-5: -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).