Why new jobs report is not comparable with old ones

NEW DELHI: The Standing Committee on Labour Force Statistics stated on Friday the trade in criteria from monthly consistent with capita expenditure to training levels made it unattainable to match the periodic labour pressure survey (PLFS) with the employment-unemployment surveys of previous years.

“In view of this, the PLFS must be noticed as a brand new series for measuring employment and unemployment on an annual foundation,” the statistics place of work stated.


Joblessness at 45-year prime? NSO puts a caveat

​The leaked document had caused a significant controversy, with the opposition events slamming the government for its failure to create jobs and withholding the roles document. The government had stated that the document was just a “draft” and no longer final. The document released on Friday through the National Statistics Office (NSO) stated the brand new labour pressure survey must be noticed as a brand new series for measuring employment and unemployment on annual foundation.


It stated that with the upward push in training levels in the economy and upward push in household source of revenue levels, the aspiration levels of educated youth have additionally risen. “Thus they'll now not be keen to sign up for the labour pressure or work pressure requiring low talents and coffee remuneration,” the panel stated in a observe, adding that a decision to make use of training levels was in response to the truth that the training levels in the economy have risen because of various coverage interventions just like the Right to Education Act.




“The PLFS results give a distribution of educated employed and unemployed youth across the country, which can be used as a foundation for skilling of juvenile to lead them to extra employable through trade,” the NSO stated.


It stated that there are various sides to the employment and unemployment scenario and no single data supply is entire on its own. “These data units need to be supplemented through data from other assets so that you can jointly give a holistic picture of the entire employment marketplace,” the panel stated.
Why new jobs report is not comparable with old ones Why new jobs report is not comparable with old ones Reviewed by Kailash on June 01, 2019 Rating: 5
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