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Q49 (UPPCS/2024) Economy › Growth, Development, Poverty & Employment

Which of the following statements is true regarding the trend of unemployment rate in India between July-September, 2019 and July-September, 2022 ?
1. It remained the same.
2. It declined.
Select the correct answer from the codes given below :

Result
Your answer: —  Â·  Correct: A

Explanation

According to the Periodic Labour Force Survey (PLFS) quarterly bulletins released by the National Statistical Office (NSO), the unemployment rate (UR) in urban areas for persons aged 15 years and above (Current Weekly Status) showed a significant decline between 2019 and 2022.

  • In the July–September 2019 quarter (pre-pandemic), the urban unemployment rate was 8.3% (as per the Economic Survey 2022-23 and official PIB releases).
  • In the July–September 2022 quarter, the urban unemployment rate declined to 7.2%.

The data indicates that the labour market recovered beyond pre-pandemic levels during this period. Since the rate decreased from 8.3% to 7.2%, statement 2 ("It declined") is true, and statement 1 ("It remained the same") is false. Thus, the correct answer is A.

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