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Unemployment rate stable at 5% in September: NSO
ଖବରରେ କାହିଁକି?
Rural 4.2%, urban 6.9%: the PLFS unemployment figures every GS-III economy answer needs to cite
The National Statistics Office has put the country's unemployment rate at 5 per cent in September, stable compared with August.
Why it matters: factual, Prelims-type
What you need to know
2 ମିନିଟ
The National Statistics Office has put the country's unemployment rate at 5 per cent in September, stable compared with August.
The rural rate stood at 4.2 per cent and the urban rate at 6.9 per cent.
The estimate comes from the Periodic Labour Force Survey.
ଉତ୍ସ: Topper IAS editorial (PIB / The Hindu / Indian Express)
ମୁଖ୍ୟ ତଥ୍ୟ
Remember these
- NSO put India's unemployment rate at 5% in September, unchanged from August
- Rural unemployment rate: 4.2%; urban rate: 6.9%
- The estimate comes from the Periodic Labour Force Survey (PLFS)
- NSO functions under the Ministry of Statistics and Programme Implementation (MoSPI)
- PLFS was launched in 2017 and gives both quarterly and annual estimates, with monthly estimates added later
ପ୍ରିଲିମ୍ସ · ମେନ୍ସ
How the exam will ask it
ପ୍ରିଲିମ୍ସ
- The Periodic Labour Force Survey is conducted by the National Statistics Office under MoSPI.
- PLFS reports indicators such as Labour Force Participation Rate, Worker Population Ratio and Unemployment Rate.
- Unemployment rate is the percentage of unemployed persons in the labour force, i.e. those working or seeking work.
ମେନ୍ସ
GS-III (Indian Economy: employment, inclusive growth). Stable headline unemployment masks an urban-rural gap and issues of job quality, informality and underemployment; policy responses include skilling, labour-intensive manufacturing and employment-linked incentives. The way forward is to strengthen regular data, focus on urban youth and women's participation, and judge outcomes by job quality rather than the headline rate alone.
Quick recall
Answer before you reveal
India's monthly unemployment rate, reported recently by the NSO at 5% for September, is estimated through which survey?
- Household Consumption Expenditure Survey
- Periodic Labour Force Survey (PLFS)
- Annual Survey of Industries
- Economic Census
ଉତ୍ତର ଦେଖନ୍ତୁ
ଉତ୍ତର: B — The correct answer is Periodic Labour Force Survey (PLFS). The National Statistics Office under MoSPI estimates the monthly and quarterly unemployment rates through the Periodic Labour Force Survey.
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