NSO’s Periodic Labour Force Survey: India’s Unemployment Rate Declines to 4.9% in February 2026
In March 2026, the National Statistical Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI) released the Monthly Bulletin of the Periodic Labour Force Survey (PLFS) for February 2026. The data shows that India’s overall Unemployment Rate(UR) slightly dropped to 4.9% in February 2026 from 5% in January 2026.
In March 2026, the National Statistical Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI) released the Monthly Bulletin of the Periodic Labour Force Survey (PLFS) for February 2026. The data shows that India’s overall Unemployment Rate(UR) slightly dropped to 4.9% in February 2026 from 5% in January 2026.
- The February 2026 Monthly Bulletin is the eleventh in the series, with estimates based on 3,74,879 individuals, including 2,13,679 from rural areas and 1,61,200 from urban areas.
Key Findings of PLFS – February 2026:
UR: The report highlights a significant decline in the urban UR for individuals aged 15 years and above, dropping to 6.6% in February 2026 from 7.0% in January 2026. While Rural unemployment remained stable at 4.2% in February 2026.
Labour Force Participation Rate (LFPR): Overall LFPR stayed at 55.9%, with rural LFPR at 58.7% and urban LFPR rising marginally to 50.4%.
Worker Population Ratio (WPR): Overall WPR remained broadly stable at 53.2%, rural WPR at 56.3%, and urban WPR at 47%.
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