Question
In the context of India's labor market, define
the Worker Population Ratio (WPR), and state the recent trend in this ratio according to the latest PLFS reports.Solution
Solution: The WPR is a key labor market indicator. Recent PLFS reports (which often have better data on rural and informal employment) have indicated a positive trend, with the WPR showing an increase, suggesting a rise in the proportion of the population that is employed, alongside a decline in the Unemployment Rate (UR).
