#Economy_Basics #PT2020

Periodic Labour Force Survey (PLFS)

- It is India’s first computer-based survey launched by the National Statistical Office (NSO) in 2017.

- It has been constituted based on the recommendation of Amitabh Kundu Committee

- Two objectives

- To estimate the key employment and unemployment indicators (viz. Worker Population Ratio, Labour Force Participation Rate, Unemployment Rate) in the short time interval of three months for the urban areas only in the Current Weekly Status (CWS).

- To estimate employment and unemployment indicators in both usual status and CWS in both rural and urban areas annually.

- Before PLFS the NSSO (previous name of NSO) used to bring the data related to employment and unemployment based household socio-economic survey programme.

#Economy_Basics #PT2020

Unemployment Rate (UR): UR is defined as the percentage of persons unemployed among the persons in the labour force.

Labour Force Participation Rate (LFPR): LFPR is defined as the percentage of persons in the labour force (i.e. working or seeking or available for work) in the population.

Female Labour Force Participation Rate: It is the share of working-age women who report either being employed, or being available for work.

Worker Population Ratio (WPR): WPR is defined as the percentage of employed persons in the population.