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ILO Report Highlights Unemployment in India

  • 27 Mar 2024

On 26th March, India Employment Report 2024 released by ILO and IHD discussed India’s Youth unemployment, gender gap, and social inequalities.

Key Points

  • Unemployment: India's youth account for almost 83% of the unemployed workforce.
  • Share of educated youth in total unemployed increased from 35.2% in 2000 to 65.7% in 2022.
  • Long-Term Trends: Labour market indicators deteriorated between 2000 and 2018, improving after 2019.
  • Paradoxical improvements seen, but insufficient growth in non-farm sectors remains a challenge.
  • Informal Work and Insecurities: Almost 90% of workers remain engaged in informal work.
  • Share of regular work declined after 2018, leading to widespread livelihood insecurities.
  • Skill Gaps: Many youth lack basic digital skills, hindering employment prospects.
  • Widening gender gap in the labour market, especially among highly educated women.
  • Social Inequalities: Scheduled Castes and Scheduled Tribes face challenges in accessing better jobs.
  • Despite improvements in education, social hierarchy persists, contributing to inequalities.