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Unemployment Rate Shows Declining Trend: Government to Rajya Sabha

Unemployment Rate Shows Declining Trend: Government to Rajya Sabha
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Quoting the Periodic Labour Force Survey (PLFS), Rameswar Teli, the Labour and Employment Minister of State, announced that the country has witnessed an increase in employment. Answering a member of the congress over an unemployment study, the minister further stated that the PLFS report is the officially trusted source that indicated an upward trend in employment over the past year. The estimated Work Population Ratio (WPR) for persons aged 15 and above was 47.3%, 50.9% and 52.6% during the years 2018-19, 2019-20 and 2020-21, respectively, indicating the increasing trend in employment.

Published Date: 28/7/2022 

Source Economic Times 

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Manisha Bajaj is an in-house upskilling and content expert. She writes about digital marketing, technology, machine learning, and AI. In her free time, she participates in discussion forums that have meaningful conversations. In her writing, you will come across interesting skillsets and modern-day technologies that translate to making one job-ready.

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