India Employment Report 2024

The report has been released by the International Labour Organisation (ILO) and the Institute of Human Development (IHD) recently.

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The share of those with secondary or higher education among the unemployed youth in India has almost doubled from 35.2% in 2000 to 65.7% in 2022.

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The report says that youngsters account for almost 83% of the country’s unemployed workforce.

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The Labour Force Participation Rate (LFPR), Worker Population Ratio (WPR) and Unemployment Rate (UR) showed a long-term deterioration between 2000 and 2018.

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While India’s large young workforce is a demographic dividend, the report noted that they don’t appear to have the skills to deliver.

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