Key Points
But how exactly does the government collate and present the unemployment data?.
The government in India relies on a survey called the Periodic Labour Force Survey to calculate the unemployment rate or the ratio of persons unemployed in the labour force..
The Periodic Labour Force Survey is conducted quarterly covering nearly 7,000 villages and 6,000 urban blocks across the country..
While the quarterly survey is limited to releasing information on labour force participation, worker population ratio and unemployment rate, the annual survey has a much more detailed analysis of the employment situation in the country...
The latest quarterly data based on a shorter time frame from the Periodic Labour Force shows that the unemployment rate in urban areas had declined to 6.6% in the July-September period compared with 7.2% in a similar quarter of the previous year...
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