State of (un)employment in India
Data from the Centre for Monitoring Indian Economy (CMIE) shows that India’s labour force participation rate (LFPR) has fallen to just 40% from an already low 47% in 2016. What is LFPR? Before understanding LFPR, we need to define the labour force itself. According to the CMIE, the labour force consists of persons who are… Continue reading State of (un)employment in India

