Question

In the context of India's labor market, define

Q: Answer-In the context of India's labor market, define the Worker Population Ratio (WPR), and state the rece...

Solution The WPR is a key labor market indicator. Recent PLFS reports which often have better data on rural and informal employment have indicated a positive trend, with the WPR showing an increase, suggesting a rise in the proportion of the population that is employed, alongside a decline in the Unemployment Rate UR.

the Worker Population Ratio (WPR), and state the recent trend in this ratio according to the latest PLFS reports.

A WPR is the number of employed persons as a percentage of the total population; recent trend has been increasing (showing higher employment absorption).

B WPR is the number of employed people as a percentage of the total working-age population; recent trend is stable.

C WPR is the number of people who are working as a percentage of the labor force; recent trend is decreasing.

D WPR is the percentage of casual laborers; recent trend is increasing.

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