A disconcerting picture behind the headline numbers

News Today 03.08.2021

The third annual round of the Periodic Labour Force Survey (PLFS) data conducted during July 2019-June 2020 was released recently. The PLFS captures key indicators of the labour market such as the labour force participation rate (LFPR) — the proportion of population working or seeking work; worker-population ratio (WPR) — the proportion of population that is working; and the unemployment rate (UR) — the proportion of population in the labour force that is seeking but unable to find work. It also provides data on the earnings of different segments of workers. (Read More)

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