India Employment Report 2024

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

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.

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

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

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