Ministry Data Reveals That Employment Market Has Recovered From Covid Jolt

While the unemployment rate from July 2022 – September 2022 stood at the level of 7.2 per cent compared to 8.3 per cent in July 2019 -September 2019. This was stated in an official communique by the ministry

The Ministry of Statistical and Programme Implementation (MoSPI) has released the official data on “Employment–Unemployment” on Wednesday, based on the Periodic Labour Force Survey (PLFS). The data shows that the worker population ratio, i.e. employment for persons aged 15 years and above, was at the level of 44.5 per cent during July 2022 – September 2022, compared to 43.4 per cent during the same quarter in 2019. While the unemployment rate from July 2022 – September 2022 stood at the level of 7.2 per cent compared to 8.3 per cent in July 2019 -September 2019. This was stated in an official communique by the ministry.

The PLFS data also indicates that the employment market has not only recovered from the jolt of the Covid-19 pandemic, but also is currently at a higher level that the pre – pandemic times. The latest Annual PLFS report is available for the survey period July 2020 to June 2021 for estimates at all India levels. The quarterly PLFS report is also released by the Ministry of Statistics and Programme Implementation for Urban areas. The quarterly reports are available from July – September 2022.