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Shift in the unemployment pattern
Prelims- Economy, Mains-GS3-Economic Development
a) Recently the Periodic Labour Force Survey (PLFS) for 2017-18 was released.
b) It shows that there has been a marked shift in the unemployment pattern to higher age groups in a little over a decade.
c) It shows that the higher unemployment has shifted to the 20-24 and 25-29 age groups as against the 15-19 age group earlier.
d) It means more people are opting for higher education or willing for a long wait to get their desired jobs.
e) The shift in the unemployment pattern is more noticeable for females, especially in rural areas. Rural females remained unemployed for a slightly longer time than males.
f) Overall unemployment rate for the country has rose up to 6.1 percent in 2017-18.
g) Periodic Labour Force Survey (PLFS) is conducted by the Ministry of Statistics and Programme Implementation.
Source- Indian Express