Government data shows better headline employment figures, but some numbers are a cause for concern.
The unemployment rate at 4.1 per cent for 2021-22 is lower than 5.8 per cent witnessed in 2018-19, according to the latest Periodic Labour Force Survey (PLFS) annual report for the 12 months ended June 2022. The nature of this pick-up in employment shows lingering effects of the Covid-19 pandemic.
The share of manufacturing in employment has risen since the previous report, but at 11.6 per cent it is lower than the 12.1 per cent seen in 2018-19. People often turn to farming when other jobs are not available. The share of agriculture is also higher at 45.5 per cent in 2021-22 compared to 42.5