Employment- Gender gap and skill mismatch alarming
The latest Periodic Labor Force Survey (PLFS ), released three weeks ago by the National Statistical office (NSO), provides some very useful insights into the current employment conditions in the country. The following are some of the key observations from the Survey report. Key definitions The Worker Population Ratio (WPR-U): Percentage of potential workers, i.e., the population aged between 15-60yr of age, in urban areas. The Worker Population Ratio (WPR-R): Percentage of potential workers, i.e., the population aged between 15-60yr of age, in rural areas. Youth WPR-U: Worker Population Ratio for population aged between 15-29yr in urban areas. Youth WPR-R: Worker Population Ratio for population aged between 15-29yr in rural areas. The Labor Force Participation Rate (LFPR-U) is defined as the percentage of population offering or willing to work in urban areas, whether currently employed or unemployed. The Labor Force Participation Rate (LFPR-R) is defined as the perce...