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According to the latest Periodic Labour Force Survey (PLFS), India's unemployment rate among urban youth in the age group 15-29 years for the quarter ending March 2026 was _____.
6.2%
7.4%
8.1%
9.5%
7.4%
The Periodic Labour Force Survey (PLFS) reported an unemployment rate of 7.4% for urban youth (aged 15-29 years) in India for the quarter ending March 2026. This metric is a key economic indicator derived from household surveys to measure labor market dynamics.
The Periodic Labour Force Survey (PLFS) reported an unemployment rate of 7.4% for urban youth (aged 15-29 years) in India for the quarter ending March 2026. This metric is a key economic indicator derived from household surveys to measure labor market dynamics.
Think of it as a classroom where out of every 100 students who want to participate in a team activity, about 7 to 8 students are currently standing on the sidelines despite being ready to play.
UR=LFUтАЛ├Ч100% тАФ where UR is Unemployment Rate, U is Unemployed Persons, and LF is Labor Force.
The unemployment rate is calculated as the ratio of the number of unemployed persons to the total labor force, expressed as a percentage. The formula is Unemployment┬аRate=(Total┬аLabor┬аForceNumber┬аof┬аUnemployed┬аPersonsтАЛ)├Ч100%. The labor force constitutes those who are either employed or actively seeking employment.
PLFS is conducted by the National Sample Survey Office (NSSO) under the Ministry of Statistics and Programme Implementation.
Youth unemployment is typically higher than the general unemployment rate due to entry-level frictions and skills mismatch.
The 15-29 age bracket is critical for assessing demographic dividend.
Provides high-frequency data for policy adjustment.
Helps in identifying structural issues in the labor market.
Subject to sampling errors and reporting biases.
May not capture the 'discouraged worker' effect fully.
Formulation of skill development programs.
Macro-economic planning and budgetary allocation.
The PLFS provides quarterly data for urban areas and annual data for both rural and urban areas.
Option A, C, and D represent hypothetical variations often used in exams to test memory of specific quarterly reports.
B is correct тАФ According to the official PLFS data for the quarter ending March 2026, the urban youth unemployment rate stood at 7.4%.
In competitive exams, always differentiate between 'Labor Force' (Working + Looking) and 'Workforce' (Only Employed). The denominator for unemployment is the Labor Force.
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