-
PLFS 2024 Released: The Ministry of Statistics and Programme Implementation (MoSPI) has released the Periodic Labour Force Survey (PLFS) 2024, providing insights into India’s labour market. Data collected during July 2023 – June 2024.
-
Urban LFPR Increase: Urban Labour Force Participation Rate (LFPR) rose for males (74.3% to 75.6%) and slightly for females (25.5% to 25.8%), increasing overall urban LFPR to 51.0%. All-India LFPR remained stable at 56.2%.
-
Stable WPR: All-India Worker Population Ratio (WPR) was nearly unchanged at 53.5%.
-
Marginal UR Changes: Rural unemployment fell slightly to 4.2%. Urban male unemployment rose, female UR declined, keeping overall urban UR at 6.7%. All-India UR dipped from 5.0% to 4.9%.
-
PS+SS Stability: LFPR remained largely stable nationally, with a slight decline from 59.8% to 59.6%.
-
Slight WPR Decline (PS+SS): All-India WPR declined slightly from 58.0% to 57.7%.
-
Slight UR Increase (PS+SS): All-India UR rose slightly from 3.1% to 3.2%.
-
Gender Disparity: Female LFPR remains lower than male.
-
Stagnant Employment: WPR and LFPR show minimal year-on-year change, indicating slow job creation.
PLFS 2024
