Question: What is Labour Force Participation Rate? Discuss its status in Himachal Pradesh. (4 marks/60 words)
Answer:
The situation of the labour force in Himachal Pradesh can be gauged from various indicators such as Labour Force Participation Rate (LFPR), Worker Population Rate (WPR), Daily Wage Rate and trends in industrial relations.
According to Periodic Labour Force Survey 2019-20 (PLFS), “Persons who were either „working‟ (or employed) or „seeking or available for work‟ (or unemployed) constitute the labour force”. Labour force refers to the population which supplies or seeks to supply labour for production and it includes both employed and unemployed persons.
The Labour Force Participation Rate is defined as “the percentage of persons in the labour force among the persons in the population”.
In 2019-20, LFPR (all ages) for Himachal Pradesh (57.7) is higher than National average (40.1) and also higher than the neighbouring states Uttarakhand (41.0), Punjab (40.8), Haryana (34.3).
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