Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | A disconcerting picture behind the headline numbers -Ishan Anand    </title>
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There is evidence to suggest that the PLFS data may underestimate the loss of earnings and fall in consumption

The third annual round of the Periodic Labour Force Survey (PLFS) data conducted during July 2019-June 2020 was released recently. The..."/>
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     <meta property="og:description" content="-The Hindu

There is evidence to suggest that the PLFS data may underestimate the loss of earnings and fall in consumption

The third annual round of the Periodic Labour Force Survey (PLFS) data conducted during July 2019-June 2020 was released recently. The..." />
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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>There is evidence to suggest that the PLFS data may underestimate the loss of earnings and fall in consumption</em></p><p style="text-align:justify">The third annual round of the Periodic Labour Force Survey (PLFS) data conducted during July 2019-June 2020 was released recently. The PLFS captures key indicators of the labour market such as the labour force participation rate (LFPR) &mdash; the proportion of population working or seeking work; worker-population ratio (WPR) &mdash; the proportion of population that is working; and the unemployment rate (UR) &mdash; the proportion of population in the labour force that is seeking but unable to find work. It also provides data on the earnings of different segments of workers.</p><p style="text-align:justify">The PLFS 2019-20 was expected to provide official estimates of the labour market distress that followed dwindling GDP growth and a lockdown following the novel coronavirus pandemic that brought several economic activities to a standstill. The data, however, show a decline in the unemployment rate to 4.8% in 2019-20 &mdash; the lowest in three years. While the headline numbers may seem pleasing, a detailed analysis paints a rather disconcerting picture.</p><p style="text-align:justify"><em>Falling unemployment rate</em></p><p style="text-align:justify">The LFPR, WPR and UR are measured using two approaches &mdash; usual status and current weekly status. The usual status considers the activity of an individual over a relatively long period during the last 365 days, whereas the current weekly status is based on activity performed during the reference period of the last seven days.</p><p style="text-align:justify">The unemployment rate, as measured by the usual status, fell from 6.1% in 2017-18 to 4.8% in 2019-20. This is because even as the LFPR increased from 36.9% to 40.1%, the WPR increased from 34.7% to 38.2% during the same period. In other words, while there was an increase in the share of the population in the labour force over the last three years, there was an even higher increase in the share of those who were able to find work, and hence unemployment fell.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/op-ed/a-disconcerting-picture-behind-the-headline-numbers/article35689556.ece?homepage=true" title="https://www.thehindu.com/opinion/op-ed/a-disconcerting-picture-behind-the-headline-numbers/article35689556.ece?homepage=true">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.thehindu.com/opinion/op-ed/a-disconcerting-picture-behind-the-headline-numbers/article35689556.ece?homepage=true" class="re" target="_blank">The Hindu, 3 August, 2021, https://www.thehindu.com/opinion/op-ed/a-disconcerting-picture-behind-the-headline-numbers/article35689556.ece?homepage=true</a><div class="clear"></div>
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There is evidence to suggest that the PLFS data may underestimate the loss of earnings and fall in consumption

The third annual round of the Periodic Labour Force Survey (PLFS) data conducted during July 2019-June 2020 was released recently. The..."/>
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There is evidence to suggest that the PLFS data may underestimate the loss of earnings and fall in consumption

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    <h1 class="cat-box-title">A disconcerting picture behind the headline numbers -Ishan Anand</h1>
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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>There is evidence to suggest that the PLFS data may underestimate the loss of earnings and fall in consumption</em></p><p style="text-align:justify">The third annual round of the Periodic Labour Force Survey (PLFS) data conducted during July 2019-June 2020 was released recently. The PLFS captures key indicators of the labour market such as the labour force participation rate (LFPR) &mdash; the proportion of population working or seeking work; worker-population ratio (WPR) &mdash; the proportion of population that is working; and the unemployment rate (UR) &mdash; the proportion of population in the labour force that is seeking but unable to find work. It also provides data on the earnings of different segments of workers.</p><p style="text-align:justify">The PLFS 2019-20 was expected to provide official estimates of the labour market distress that followed dwindling GDP growth and a lockdown following the novel coronavirus pandemic that brought several economic activities to a standstill. The data, however, show a decline in the unemployment rate to 4.8% in 2019-20 &mdash; the lowest in three years. While the headline numbers may seem pleasing, a detailed analysis paints a rather disconcerting picture.</p><p style="text-align:justify"><em>Falling unemployment rate</em></p><p style="text-align:justify">The LFPR, WPR and UR are measured using two approaches &mdash; usual status and current weekly status. The usual status considers the activity of an individual over a relatively long period during the last 365 days, whereas the current weekly status is based on activity performed during the reference period of the last seven days.</p><p style="text-align:justify">The unemployment rate, as measured by the usual status, fell from 6.1% in 2017-18 to 4.8% in 2019-20. This is because even as the LFPR increased from 36.9% to 40.1%, the WPR increased from 34.7% to 38.2% during the same period. In other words, while there was an increase in the share of the population in the labour force over the last three years, there was an even higher increase in the share of those who were able to find work, and hence unemployment fell.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/op-ed/a-disconcerting-picture-behind-the-headline-numbers/article35689556.ece?homepage=true" title="https://www.thehindu.com/opinion/op-ed/a-disconcerting-picture-behind-the-headline-numbers/article35689556.ece?homepage=true">click here</a> to read more.&nbsp;</p>                                                           
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     <meta property="og:description" content="-The Hindu

There is evidence to suggest that the PLFS data may underestimate the loss of earnings and fall in consumption

The third annual round of the Periodic Labour Force Survey (PLFS) data conducted during July 2019-June 2020 was released recently. The..." />
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    <h1 class="cat-box-title">A disconcerting picture behind the headline numbers -Ishan Anand</h1>
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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>There is evidence to suggest that the PLFS data may underestimate the loss of earnings and fall in consumption</em></p><p style="text-align:justify">The third annual round of the Periodic Labour Force Survey (PLFS) data conducted during July 2019-June 2020 was released recently. The PLFS captures key indicators of the labour market such as the labour force participation rate (LFPR) &mdash; the proportion of population working or seeking work; worker-population ratio (WPR) &mdash; the proportion of population that is working; and the unemployment rate (UR) &mdash; the proportion of population in the labour force that is seeking but unable to find work. It also provides data on the earnings of different segments of workers.</p><p style="text-align:justify">The PLFS 2019-20 was expected to provide official estimates of the labour market distress that followed dwindling GDP growth and a lockdown following the novel coronavirus pandemic that brought several economic activities to a standstill. The data, however, show a decline in the unemployment rate to 4.8% in 2019-20 &mdash; the lowest in three years. While the headline numbers may seem pleasing, a detailed analysis paints a rather disconcerting picture.</p><p style="text-align:justify"><em>Falling unemployment rate</em></p><p style="text-align:justify">The LFPR, WPR and UR are measured using two approaches &mdash; usual status and current weekly status. The usual status considers the activity of an individual over a relatively long period during the last 365 days, whereas the current weekly status is based on activity performed during the reference period of the last seven days.</p><p style="text-align:justify">The unemployment rate, as measured by the usual status, fell from 6.1% in 2017-18 to 4.8% in 2019-20. This is because even as the LFPR increased from 36.9% to 40.1%, the WPR increased from 34.7% to 38.2% during the same period. In other words, while there was an increase in the share of the population in the labour force over the last three years, there was an even higher increase in the share of those who were able to find work, and hence unemployment fell.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/op-ed/a-disconcerting-picture-behind-the-headline-numbers/article35689556.ece?homepage=true" title="https://www.thehindu.com/opinion/op-ed/a-disconcerting-picture-behind-the-headline-numbers/article35689556.ece?homepage=true">click here</a> to read more.&nbsp;</p>                                                           
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Home हिन्दी

A disconcerting picture behind the headline numbers -Ishan Anand

Published on Aug 3, 2021   Modified on Aug 3, 2021

-The Hindu There is evidence to suggest that the PLFS data may underestimate the loss of earnings and fall in consumption The third annual round of the Periodic Labour Force Survey (PLFS) data conducted during July 2019-June 2020 was released recently. The PLFS captures key indicators of the labour market such as the labour force participation rate (LFPR) — the proportion of population working or seeking work; worker-population ratio (WPR) — the proportion of population that is working; and the unemployment rate (UR) — the proportion of population in the labour force that is seeking but unable to find work. It also provides data on the earnings of different segments of workers. The PLFS 2019-20 was expected to provide official estimates of the labour market distress that followed dwindling GDP growth and a lockdown following the novel coronavirus pandemic that brought several economic activities to a standstill. The data, however, show a decline in the unemployment rate to 4.8% in 2019-20 — the lowest in three years. While the headline numbers may seem pleasing, a detailed analysis paints a rather disconcerting picture. Falling unemployment rate The LFPR, WPR and UR are measured using two approaches — usual status and current weekly status. The usual status considers the activity of an individual over a relatively long period during the last 365 days, whereas the current weekly status is based on activity performed during the reference period of the last seven days. The unemployment rate, as measured by the usual status, fell from 6.1% in 2017-18 to 4.8% in 2019-20. This is because even as the LFPR increased from 36.9% to 40.1%, the WPR increased from 34.7% to 38.2% during the same period. In other words, while there was an increase in the share of the population in the labour force over the last three years, there was an even higher increase in the share of those who were able to find work, and hence unemployment fell. Please click here to read more.

The Hindu, 3 August, 2021, https://www.thehindu.com/opinion/op-ed/a-disconcerting-picture-behind-the-headline-numbers/article35689556.ece?homepage=true

Tagged with: PLFS Periodic Labour Force Survey Unemployment Rate Labour Force Participation Rate Worker Population Ratio WPR LFPR Current Weekly Status CWS Usual Status unpaid family workers

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