Question
According to the latest Periodic Labour Force Survey
(PLFS), India's unemployment rate of 3.2% represents:Solution
The 3.2% unemployment rate reported in the latest Periodic Labour Force Survey (PLFS) represents unemployment based on the usual status (ps+ss) approach. This methodology measures unemployment over a longer reference period (usually one year) and includes principal status (ps) and subsidiary status (ss), providing a more comprehensive picture of employment conditions in India.
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