India’s Labour Force Participation Hits Six-Month High at 55.4% in October

Labour Force Participation Rate (LFPR) among persons of age 15 years and above increased for the fourth successive month to 55.4 per cent in October this year, hitting a six-month high. The LFPR in rural areas also increased to 57.8 per cent last month while in urban areas it dipped to 50.5 per cent. LFPR is an estimate of the number of people actively engaged in the workforce, in Current Weekly Status (CWS).   According to Ministry of Statistics and Programme Implementation (MoSPI) monthly l...