Labour Bureau's employment survey added in CMIE's States of India service

Statistics added under Employment

by Mitika Malhotra

Statistics related to unemployment rate (UR), labour force participation rate (LFPR) and worker population ratio (WPR) released by the Labour Bureau of India have been added in our States of India service. This data is available under ‘Unemployment’ in the Statistics section.

The Labour Bureau of India undertakes this survey on ‘Employment and Unemployment in India’ annually. The survey categorizes a person into either of the three activity categories:

  • working or being engaged in ‘economic activity’.

  • not working, but making tangible efforts to seek ‘work’ or being available for ‘work’ if ‘work’ is available.

  • being not engaged in any economic activity (work) and also not available for ‘work’.

Based on these activity categories, the survey determines the labour force and the workforce. The labour force comprises all those persons who were either ‘working’ and those who were ‘seeking or available for work’, while the workforce comprises of the former.

Using these, the labour force participation rate is derived as the proportion of the ‘labour force’ in the total population. The worker population ratio is computed as the proportion of the persons ‘working’ in the labour force. Whereas, the unemployment rate is the proportion of persons ‘not working, but seeking/available for work’ in the labour force.

The survey compiles this data using four principal approaches that are based on the time criterion and priority criterion.

Usual Principal Status (PS)

UPS approach relates to the activity status of a person during the 365 days preceding the date of survey. The activity status on which a person has spent relatively longer time (183 days or more) during the period is considered the usual principal activity status of the person. A person unemployed under this approach indicates chronic unemployment.

Usual Principal Status and Subsidiary Status (PS+SS)

Usual Principal Status and Subsidiary Status approach is an extension to the principal status approach. If a person has engaged in any economic activity for a period of 30 days or more during the preceding 365 days a person is considered as employed under this approach.

Current Weekly Activity Status (CWS)

CWS, as the name suggests, relates to the activity status of a person in the week preceding the date of survey. A person who has engaged in any economic activity for at least one hour and for at least one day in the last seven days preceding the date of survey is regarded as employed. This same criterion is also considered to determine if a person has made efforts to find employment or not and is marked ‘seeking/available for work’ or ‘not available for work’ accordingly.

Current Daily Activity Status (CDS)

The CDS approach measures the activity status of a person on each day of the week preceding the date of survey. It divides each day of the reference period into two ‘half days’ or a ‘full day’ and assigns an activity status accordingly.

A person engaged in any economic activity for 4 hours or more is assigned a status of ‘working’ for ‘full day’ with a full intensity of 1. Whereas, a person engaged in an economic activity for more than 1 hour but less than 4 hours is assigned a status of ‘working’ for ’half day’ with an intensity of 0.5. The activity status for the remaining day is assigned as ‘seeking/available for work’ or ’not available for work’ using the same time criterion.

This approach is different from the other three approaches as it measures the intensity of activities pursued by a person. It measures the proportion of time spent by a person ‘working’, ‘seeking/available for work’ or ‘not available for work’.

Labour Bureau of India has stopped computing data related to UR, LFPR and WPR based on the CWS and CDS approaches since 2013-14.

CMIE STATISTICS
Unemployment Rate
Per cent
4.8 -0.0
Consumer Sentiments Index
Base September-December 2015
93.0 +0.8
Consumer Expectations Index
Base September-December 2015
91.0 +0.6
Current Economic Conditions Index
Base September-December 2015
96.0 +0.9
Quarterly CapeEx Aggregates
(Rs.trillion) Dec 16 Mar 17 Jun 17 Sep 17
New projects 2.32 3.77 2.02 0.88
Completed projects 1.00 1.91 1.13 0.70
Stalled projects 1.13 0.70 2.66 0.64
Revived projects 0.18 0.67 0.29 0.14
Implementation stalled projects 0.82 0.33 0.67 0.50
Updated on: 20 Oct 2017 12:20PM
Quarterly Financials of Listed Companies
(% change) Sep 16 Dec 16 Mar 17 Jun 17
All listed Companies
 Income 2.1 6.2 10.2 10.2
 Expenses 1.9 6.3 11.9 10.5
 Net profit 14.6 40.3 16.8 -18.9
 PAT margin (%) 6.9 6.1 6.1 5.4
 Count of Cos. 4,503 4,503 4,427 4,257
Non-financial Companies
 Income 0.6 5.9 11.8 10.9
 Expenses -0.2 7.2 15.5 11.1
 Net profit 26.7 24.6 -1.1 -24.3
 PAT margin (%) 6.9 6.2 6.3 5.3
 Net fixed assets -9.2 7.5
 Current assets 8.1 2.1
 Current liabilities 11.7 8.5
 Borrowings 3.1 4.9
 Reserves & surplus 8.4 6.5
 Count of Cos. 3,476 3,482 3,432 3,324
Numbers are net of P&E
Updated on: 20 Oct 2017 12:30PM
Annual Financials of All Companies
(% change) FY13 FY14 FY15 FY16
All Companies
 Income 12.6 10.0 5.0 1.0
 Expenses 12.8 9.9 5.1 1.2
 Net profit 1.0 -2.2 1.1 -15.2
 PAT margin (%) 3.5 3.2 3.2 3.0
 Assets 14.3 12.3 9.4 8.8
 Net worth 9.6 9.6 8.8 7.7
 RONW (%) 6.8 6.2 6.1 5.3
 Count of Cos. 25,932 23,621 23,131 19,375
Non-financial Companies
 Income 11.9 9.7 4.1 0.0
 Expenses 12.3 9.3 4.3 -0.6
 Net profit -8.4 -2.4 -6.3 6.5
 PAT margin (%) 2.4 2.2 2.1 2.7
 Net fixed assets 12.9 11.6 13.1 13.9
 Net worth 7.9 8.2 7.3 7.0
 RONW (%) 5.5 5.1 4.9 5.6
 Debt / Equity (times) 1.1 1.1 1.1 1.0
 Interest cover (times) 2.1 2.0 1.9 2.0
 Net working capital cycle (days) 72 69 67 67
 Count of Cos. 20,312 18,893 18,620 15,945
Numbers are net of P&E
Updated on: 21 Sep 2017 10:15AM

Time-series available since 2007-08