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According to the Periodic Labour Force Survey (PLFS) 2023-24, which state recorded the lowest unemployment rate in India?
Kerala
West Bengal
Chhattisgarh
Haryana
Chhattisgarh
According to the Periodic Labour Force Survey (PLFS) 2023-24, Chhattisgarh reported the lowest unemployment rate in India. This indicator reflects the efficiency of the state's labor market in aligning human capital with available job opportunities.
According to the Periodic Labour Force Survey (PLFS) 2023-24, Chhattisgarh reported the lowest unemployment rate in India. This indicator reflects the efficiency of the state's labor market in aligning human capital with available job opportunities.
If a factory has 100 workers ready to operate machines but only 1 person is sitting idle without a task, the 'unemployment rate' in that factory is extremely low, signifying high operational efficiency.
Use 'C-L-O' for Chhattisgarh: Chhattisgarh Lowest (Unemployment) Outcome.
Unemployment┬аRate=Labour┬аForceUnemployed┬аWorkersтАЛ├Ч100% тАФ Quantitative measure of labor market health.
The unemployment rate is defined as the percentage of the labour force that is unemployed, calculated as Unemployment┬аRate=(Total┬аLabour┬аForceUnemployed┬аPersonsтАЛ)├Ч100%. This index acts as a macroeconomic barometer, where a lower value indicates higher utilization of the working-age population (15тИТ59 years).
The PLFS is conducted by the National Sample Survey Office (NSSO) under the Ministry of Statistics and Programme Implementation (MoSPI).
Chhattisgarh's economic focus on rural employment schemes and local industrial growth has contributed to this ranking.
The survey covers both rural and urban areas to calculate the 'Usual Status' of employment.
Provides data-driven insights for policy formulation.
Helps in identifying states with effective labor demand-supply matching.
Does not always account for the quality or underemployment of jobs.
Data collection can be affected by seasonal variations in agricultural labor.
Economic planning and state-level policy development.
Benchmarking welfare schemes like MGNREGA.
The national average unemployment rate is significantly higher than that observed in top-performing states.
Option A (Kerala) historically faces higher unemployment due to a high rate of educated youth seeking specific professional roles.
Option D (Haryana) has experienced fluctuating rates due to its heavy reliance on organized sector manufacturing and industrial cycles.
C is correct тАФ Chhattisgarh secured the lowest unemployment rate in the latest PLFS report, highlighting its successful employment management strategies.
For competitive exams, always link 'lowest unemployment' statistics with the state's flagship employment generation schemes as the underlying cause for the improvement.