India Urban Unemployment: Increase in employment opportunities in urban areas in the country, statistics will surprise

The National Statistical Office has revealed that India's urban unemployment rate improved significantly in the April-June quarter. It declined to 7.6 percent during the April-June quarter, from 12.6 percent in the same quarter a year ago. This is a clear indication that the country's economy is coming out of the grip of the Covid-induced slowdown.

Urban unemployment rate improved

India's urban unemployment rate improved in the quarter ending June 2022 and is at its best across gender and age groups. India's key urban unemployment rate stood at 7.6 per cent in the quarter ended this June, up from 8.2 percent in the quarter ended March, 12.7 percent in the June quarter of 2021-22 and 8.9 percent in the June quarter of 2019-20.

Decline in the unemployment rate among women

• Unemployment was high in April-June 2021 mainly due to the staggering impact of COVID-related restrictions in the country.
• The 15th Periodic Labor Force Survey (PLFS) showed that the unemployment rate among women (aged 15 years and above) in urban areas declined to 9.5 percent in April-June, 2022 from 14.3 percent a year ago.
• It was 10.1 percent in January-March 2022.
• Among men, the unemployment rate in urban areas declined to 7.1 percent in April-June 2022 from 12.2 percent a year ago.
• It was 7.7 percent in January-March 2022.
• improve the share of agriculture
• The improvement in the unemployment rate is not one-sided. All groups have improved. The share in agriculture has improved in the June quarters of FY 2021-22 and FY 2020-21. Both were affected by the lockdown, but not in FY 2019-20, when only 4.9 percent were in agriculture.

Improve employment prospects

Employment prospects have improved due to bad jobs. The share of workers in agriculture, the secondary sector (which includes sectors such as manufacturing and mining) and the tertiary sector (involving services) was 5.7 percent, 34 percent and 60.3 percent, respectively.

The share in the tertiary sector was uniformly higher at 62 percent in FY 2019-20, a clear indication that though people are looking for jobs to control the pandemic, they may not earn as much as they did due to the pandemic. did before. These signals will be confirmed or denied when unit-level data becomes available, the report said.

What is labor force?

Labor force refers to that part of the population that supplies or causes labor to carry on economic activities for the production of goods and services. Therefore, it includes both employed and unemployed persons.

PLFS was launched in April 2017

NSO launched PLFS in April 2017. Based on the PLFS, a quarterly bulletin gives estimates of labor force indicators such as unemployment rate, worker population ratio (WPR), labor force participation rate (LFPR), broadly the distribution of workers, current weekly status of employment and work. industry.