According to the latest Periodic Labour Force Survey

Q: Answer-According to the latest Periodic Labour Force Survey (PLFS), India's unemployment rate of 3.2% repre...

The 3.2 unemployment rate reported in the latest Periodic Labour Force Survey PLFS represents unemployment based on the usual status psss 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.

(PLFS), India's unemployment rate of 3.2% represents:

A Only urban unemployment figures Correct Answer Incorrect Answer

B Only unemployment among college graduates Correct Answer Incorrect Answer

C Unemployment based on the usual status (ps+ss) approach Correct Answer Incorrect Answer

D Only registered jobseekers at employment exchanges Correct Answer Incorrect Answer

E Only formal sector unemployment Correct Answer Incorrect Answer

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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