Male unemployment fell to 6 per cent in Q4 from 6.5 per cent the previous quarter, while female unemployment fell to 9.2 per cent from 9.6 per cent in the October-December period India’s unemployment rate declined to 6.8 per cent in January-March 2023 (Q4FY23) from 7.2 per cent in the previous quarter of the same year, according to the Periodic Labour Force Survey (PLFS) released by the National Statistical Office (NSO) on Monday.
The unemployment rate was 6.0 per cent for men and 9.2 per cent for women. It was 6.5 per cent and 9.6 per cent for men and women respectively, in October– December 2022.
The worker-population ratio (WPR) also witnessed a slight increase as compared to the December quarter.
NSO launched PLFS in April 2017. Based on the PLFS, a quarterly bulletin is brought out giving estimates of labour force indicators such as unemployment rate, Worker Population Ratio (WPR), Labour Force Participation Rate (LFPR), distribution of workers by broad status in employment and industry of work in CWS (Current Weekly Status).
In the CWS approach, a person is considered unemployed if he/she did not work even for one hour on any day during the week but sought or was available for work at least for one hour on any day during the period.