LATEST PERIODIC LABOUR FORCE SURVEY REVEALS GRIM UNEMPLOYMENT SCENARIO IN INDIA
EDUCATED YOUTH ARE THE BIG SUFFERERS DENYING THE COUNTRY ITS DEMOGRAPHIC ADVANTAGE
2024-11-01 10:46
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The recent Periodic Labour Force Survey (PLFS) Annual Report 2023-24 suggests signs of improvement in labour force participation rate and worker population ratio compared to past years but at the same time underlines some structural problems in employment in recent period. There had been a steep rise in unemployment rate during the pandemic but the average rate of unemployment for quite some time, even before the pandemic, was showing a rising trend.