Skip to content
  • Facebook
  • X
  • Linkedin
  • WhatsApp
  • Associate Journalism
  • About Us
  • Privacy Policy
  • 033-46046046
  • editor@artifex.news
Artifex.News

Artifex.News

Stay Connected. Stay Informed.

  • Breaking News
  • World
  • Nation
  • Sports
  • Business
  • Science
  • Entertainment
  • Lifestyle
  • Toggle search form
  • Order In Pune Porsche Crash By Juvenile Board In Absence Of Members: Panel Nation
  • Venice Introduces Day Tickets To Battle Mass Tourism World
  • Typhoon Haikui Makes Landfall In Eastern Taiwan World
  • Devendra Fadnavis Flags Off Special Train ‘Namo Express’ For Devotees Nation
  • Not Too Many More Vibrant Democracies In The World Than India: US World
  • India vs Pakistan, Asia Cup: Virat Kohli Hits 47th Hundred, Ton-up KL Rahul Dispels Fitness Doubts In India’s Big Win Sports
  • “Even In The Past…”: Neeraj Chopra’s Father On Athlete’s Bond With Pakistan’s Arshad Nadeem Sports
  • Mayawati Drops Nephew, Political Heir Akash Anand, From Party Post Nation

Employment scenario in India grim, says ILO report

Posted on March 26, 2024 By admin


While India’s large young workforce is a demographic dividend, an ILO report noted that they don’t appear to have the skills to succeed. File
| Photo Credit: The Hindu

India’s youth account for almost 83% of the unemployed workforce and the share of youngsters with secondary or higher education in the total unemployed youth has almost doubled from 35.2% in 2000 to 65.7% in 2022, as per the India Employment Report 2024 released by the International Labour Organisation (ILO) and the Institute of Human Development (IHD) here on Tuesday. The youth employment and underemployment increased between 2000 and 2019 but declined during the pandemic years, the study, released by Chief Economic Adviser V. Anantha Nageswaran, said, adding that educated youths have experienced much higher levels of unemployment in the country during the period.


Also read | India’s economic prospects good in the short term, says Chief Economic Advisor Anantha Nageswaran

The Labour Force Participation Rate (LFPR), Worker Population Ratio (WPR) and the Unemployment Rate (UR) showed a long-term deterioration between 2000 and 2018, the study said but witnessed an improvement after 2019. The study added that the improvement coincides with periods of economic distress, both pre and post-COVID-19 with the exception of two peak COVID-19 quarters. “This improvement needs to be interpreted cautiously as jobs generated in the slowdown period raise questions about the drivers of these changes,” the authors of the report said during the release.

Paradoxical improvements

The report said India’s job story over the past two decades had seen some paradoxical improvements in labour market indicators, while the basic long-term feature of the employment situation in the country continued to be insufficient growth of the non-farm sectors and the ability of these sectors to absorb workers from agriculture. “This is notwithstanding the fact that non-farm employment grew at a higher rate than farm employment over the different periods prior to 2018,” the report said. Labour from agriculture was mainly absorbed by the construction and services sectors.


Also read: India’s suboptimal use of its labour power

Also, almost 90% of workers remain engaged in informal work, while the share of regular work, which steadily increased after 2000, declined after 2018. There are widespread livelihood insecurities, the report added, with only a small percentage being covered with social protection measures, precisely in the non-agriculture, organised sector. “Worse, there has been a rise in contractualisation, with only a small percentage of regular workers covered by long-term contracts,” the report said. While India’s large young workforce is a demographic dividend, the report noted that they don’t appear to have the skills to deliver — with 75% of youth unable to send emails with attachments, 60% unable to copy and paste files, and 90% unable to put a mathematical formula into a spreadsheet.

Widening gender gap

The lack of quality employment opportunities is reflected in the high level of joblessness among young people, especially among those who have achieved higher education, the report noted. “Many highly educated young people are unwilling to take on low-paying, insecure jobs that are currently available and would rather wait in the hopes of securing better employment in the future,” the study said. The country is also facing the challenge of a substantial gender gap in the labour market, with low rates of female labour force participation. “The unemployment challenge among young women, especially those who are highly educated, is enormous,” the report said.


Also read: How big is the gender gap in earnings?

Throwing light on the growing social inequalities, the report said despite affirmative action and targeted policies, the Scheduled Castes and Scheduled Tribes still lag in terms of access to better jobs. “Scheduled Castes and Scheduled Tribes have greater participation in work due to economic necessity but engaged more in low-paid temporary casual wage work and informal employment,” it said. “Despite improvement in educational attainment among all groups, the hierarchy within social groups persists,” the report added.



Source link

Business Tags:India employment, India Employment Report 2024, India unemployment rate, Institute of Human Development, International Labour Organisation

Post navigation

Previous Post: Haryana Minister Resigns As MLA After BJP Fields Him From Hisar In Lok Sabha Election 2024
Next Post: MS Dhoni’s Reaction Goes Viral As Sameer Rizvi Plays Blinder On IPL Debut – Watch

Related Posts

  • India has highest tariffs on inputs in electronic segment among competing economies like Vietnam: ICEA study Business
  • India records 0.6% current account surplus in March quarter on higher service exports, remittances Business
  • Budget 2023 | 38,800 teachers, support staff to be recruited for Eklavya schools Business
  • Tata Steel Q1 net profit falls over 93% to ₹524.85 crore Business
  • GST collections up 12.54% in February 2024 Business
  • Data | The problems with the Prime Minister’s economic claims Business

More Related Articles

Majority of Byju’s shareholders vote for removing CEO, family members; company calls vote invalid Business
India’s January services PMI hits 6-month high amid strongest upturn in new business since mid-2023 Business
Farmers to step up stir for MSP coinciding with budget session of Parliament Business
Instant flour mixes for dosa, idli, khaman cannot be classified as sattu; to attract 18% GST Business
Households’ debt surged to fresh high by December 2023: report Business
Rupee settles 4 paise lower at 83.50 against U.S. dollar Business
SiteLock

Archives

  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022

Categories

  • Business
  • Nation
  • Science
  • Sports
  • World

Recent Posts

  • Putin congratulates Iran’s new president, hopes for closer ties
  • Israeli Strike Kills 16 At UN School In Gaza Ahead Of Truce Talks
  • Char Dham Yatra Temporarily Halted Due To Heavy Rain Forecast In Uttarakhand
  • Pakistan To Host England, Bangladesh For Test Series In 2024/2025 Season
  • Soon, Food Packets Will Have Bigger, Bolder Info On Sugar, Salt, Fat

Recent Comments

  1. GkJwRWEAbS on UP Teacher Who Asked Students To Slap Muslim Classmate
  2. xreDavBVnbGqQA on UP Teacher Who Asked Students To Slap Muslim Classmate
  3. aANVRzfUdmyb on UP Teacher Who Asked Students To Slap Muslim Classmate
  4. YQCyszVBmIP on UP Teacher Who Asked Students To Slap Muslim Classmate
  5. aiXothgwe on UP Teacher Who Asked Students To Slap Muslim Classmate
  • Pakistan’s PM-elect Shehbaz Sharif to take oath of office today World
  • Ex UPSTF Cop Rajesh Pandey Tells Story Behind Hunt For Most Dreaded UP Gangster Sriprakash Shukla In His Book Nation
  • Australian Woman Suspended Over Racist Email To Indian Tennant: Report World
  • Looking forward to speed up greater economic cooperation with India: Sri Lanka President Wickremesinghe World
  • Arunachal Pradesh: US Opposes China’s Territorial Claims World
  • In Pics: VVS Laxman-Coached Team India Jets Off To Zimbabwe For T20I Series Sports
  • ISRO believes enhanced possibility of water ice in polar craters of Moon Science
  • Mumbai Indians Receive Huge Suryakumar Yadav Boost Amid Poor IPL Run Sports

Editor-in-Chief:
Mohammad Ariff,
MSW, MAJMC, BSW, DTL, CTS, CNM, CCR, CAL, RSL, ASOC.
editor@artifex.news

Associate Editors:
1. Zenellis R. Tuba,
zenelis@artifex.news
2. Haris Daniyel
daniyel@artifex.news

Photograher:
Rohan Das
rohan@artifex.news

Artifex.News offers Online Paid Internships to college students from India and Abroad. Interns will get a PRESS CARD and other online offers.
Send your CV (Subjectline: Paid Internship) to internship@artifex.news

Links:
Associate Journalism
About Us
Privacy Policy

News Links:
Breaking News
World
Nation
Sports
Business
Entertainment
Lifestyle

Registered Office:
72/A, Elliot Road, Kolkata - 700016
Tel: 033-22277777, 033-22172217
Email: office@artifex.news

Editorial Office / News Desk:
No. 13, Mezzanine Floor, Esplanade Metro Rail Station,
12 J. L. Nehru Road, Kolkata - 700069.
(Entry from Gate No. 5)
Tel: 033-46011099, 033-46046046
Email: editor@artifex.news

Copyright © 2023 Artifex.News Newsportal designed by Artifex Infotech.