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Periodic Labour Force Survey (PLFS)

Writer: samyaknagar2704samyaknagar2704

 

The data was released for PLFS as per the results,  initial data shows Positive labour market trends for individuals aged 15 and above were found in metropolitan areas according to the Periodic Labour Force Survey (PLFS) conducted from January to March of 2024. Compared to the same period in 2023, the unemployment rate (UR) fell from 6.8% to 6.7%, with a fall in the UR for women of 9.2% to 8.5%. The Labour Force Participation Rate (LFPR) showed a positive trend, going from 48.5% to 50.2%. The LFPR for women also showed a notable increase, climbing from 22.7% to 25.6%.The Worker Population Ratio (WPR) also increased, rising from 45.2% to 46.9%. The WPR for women increased as well, from 20.6% to 23.4%. These trends, which show a general improvement in employment and labour force participation rates, especially for women, point to a slow but steady improvement in the urban labour market.


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