Unemployment decreased in the country, rate decreased in urban areas; Know what the figures say

Unemployment has decreased in the country. In fact, according to data from the National Statistical Commission ie NSO, the unemployment rate for people above 15 years of age in urban areas has come down from 9.8 per cent to 7.2 per cent.

Unemployment has decreased in the country.

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Unemployment has decreased in the country. In fact, according to data from the National Statistical Commission i.e. NSO, for people above 15 years of age in urban areas unemployment The rate of interest has come down from 9.8 percent to 7.2 percent. This figure is for the quarter ended 30 September. This thing has been told by the Periodic Labor Force Survey ie PLFS. According to the report, this Coronavirus Pandemic There is an indication of a steady economic recovery after the 1980s, which rendered crores of people jobless.

The unemployment rate among women also decreased

The survey shows that the unemployment rate among women in urban areas declined to 9.4 per cent in the July-September period from 11.6 per cent a year ago. It was 9.5 per cent in April-June.

However, this has been compared to the period from July to September 2021, when the rates had increased due to the major impact of Corona-related restrictions in the country. According to the data, between April and June 2022, the unemployment rate for those above 15 years of age was 7.6 per cent in urban areas.

NSO launched this survey in April 2017. On the basis of this survey, a quarterly bulletin is brought out, in which labor force figures are available. These include unemployment rate, Worker Population Ratio (WPR), Labor Force Participation Rate (LFPR).

How is the data prepared?

Let us tell you that before the Periodic Labor Force Survey ie PLFS, the National Sample Survey Organization, also known as NSO, releases the data of employment and unemployment rate. The NSO, which works under the Ministry for Statistics, releases employment and unemployment data on 5 years. This data is released under the Socio-Economic Survey Program.

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The country’s first computer-based survey was launched in April 2017 to measure labor force share and employment status. In urban areas, its data is released every three months on the basis of Current Weekly Status (CWS). This rate is calculated on the basis of current weekly status for all age groups.