Accordingly, the Labour Force Participation Rate (LFPR), which is the ratio of the labour force to the working age population, declined during the first half of 2020 compared to the same period of 2019. This decline in labour force was solely driven by the significant decline of 6.0 per cent in the female labour force during the reference period. In contrast, the male labour force, which accounts for the highest share of the labour force, increased by 0.9 per cent during the first half of 2020 compared to the corresponding period of the previous year. Meanwhile, the male labour force in the urban and estate sectors also recorded marginal declines, though the male labour force in the rural sector recorded an increase. In line with the decline of the labour force, LFPR declined to 50.6 per cent during the first half of 2020 from 52.6 per cent recorded in the first half of 2019.
Source: The Nation May 12, 2021 00:00 UTC