chemistry today magazine
chemistry today magazine Published this article page no 136 Decline in unemployment rate and an increase in LFPR Activity Status Activity status of a person is determined on the basis of the activities pursued by the person during the specified reference period. It includes Usual Status When the activity status is determined on the basis of the reference period of last 365 days preceding the date of survey. Current Weekly Status (CWS) When the activity status is determined on the basis of a reference period of last 7 days preceding the date of survey. Principal activity status The activity status on which a person spent relatively long time (major time criterion) 365 days preceding the date of survey. Subsidiary economic activity status The activity status in which a person in addition to hisher usual principal status performs some economic activity for 30 days or more for the reference period of 365 days preceding the date of survey. between 201718 and 20192020 even as the real growth rate of the economy slipped (from 7% to 4.2% over that period). o UR fell to 4.8% in 201920. In 201819 it stood at 5.8% and 6.1% in 201718. o High UR in the 1529 age group (15%) with higher joblessness in urban youth as compared to in rural areas. Increase in LFPR with even higher increase in WPR to 38.2% in 201920 in comparison to 35.3% in 201819 and 34.7% in 201718. o But almost entire rise in workforce was due to increase in agriculture workforce (reaching 45.6% from 42.5% in 201819). Sharp increase in Female LFPR by 5.5 percentage points (from 201819) largely driven by the increased LFPR of rural women. Due to lockdown LFPR for men and women in AprilJune 2020 declined to 55.5% and 15.5% against 56.7% and 17.3% from the JanuaryMarch 2020. Related news World Employment and Social Outlook Trends 2022 Report Published by International Labour organization report details effects of COVID19 crisis on the world of work with key highlights as o Global unemployment is projected to stand at 207 million in 2022 surpassing 2019 level by some 21 million. o In 2020 an additional 30 million adults fell into extreme poverty (living on less than US$1.90 per day). Great Resignation It is an idea predicting a large number of people leaving their jobs after the COVID pandemic ends and life returns to normal. Reasons Low salary burnouts limited opportunities poor employee benefits toxic corporate culture instability etc chemistry today magazine buy.
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