Current Affairs · Economy & PLFS Reports
According to the Periodic Labour Force Survey (PLFS) data for March, which of the following statements accurately reflects the trends in India's unemployment and labour market indicators?
- 1Rural unemployment saw a significant decline to 4.2% in March, while youth unemployment for young men decreased to 13.7%.
- 2The Worker Population Ratio (WPR) increased to 53.2% in March, driven by a sharp rise in the female participation rate to 35.3%.
- 3The Labour Force Participation Rate (LFPR) improved to a record high of 55.9%, while the female unemployment rate dropped below the male rate to 5.0%.
- 4The overall unemployment rate hit a five-month high of 5.1%, with urban unemployment rising to 6.8% and youth unemployment reaching 15.2%.✓
Correct answer
The overall unemployment rate hit a five-month high of 5.1%, with urban unemployment rising to 6.8% and youth unemployment reaching 15.2%.
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