Current Weekly Status News Today

The NSSO’s quarterly bulletin, based on the PLFS, serves as a crucial resource for policymakers, researchers, and stakeholders, enabling them to track and analyze trends in urban unemployment over time. By leveraging this data, stakeholders can identify key challenges, assess the effectiveness of existing interventions, and tailor policies to address the evolving needs of urban labor markets. - Newsx

According to data released by the Periodic Labour Force Survey of the National Sample Survey Office, Himachal Pradesh topped the urban unemployment chart with 33.9%, followed by Rajasthan with 30.20% among the age group of 15 to 29 years during July-September 2023

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The unemployment rate in the March quarter of the previous fiscal was 6.8 per cent, while it was 6.6 per cent in April-June. The rate was 7.2 per cent in the third quarter of the previous fiscal.

According to the governments latest Periodic Labour Force Survey, the female unemployment rate fell to 8.6 percent in July-September even as the Labour Force Participation Rate rose by 80 basis points. But concerns about the quality of jobs women are getting remain

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India's official employment data shows that while the unemployment rate has fallen, the quality of jobs getting created is getting worse even as monthly earnings have remained largely stagnant since 2017

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Unemployment rate in urban areas has decreased to 6.6% in April-June 2023 from 7.6% a year ago, according to data from the National Sample Survey Office. The high unemployment rate in the same period last year was due to Covid-related restrictions. Labour force participation rate increased to 48.8% from 47.5% in the same period last year.

(This story has not been edited by THE WEEK and is auto-generated from a PTI