As per the India Employment Report 2024 released by the International Labour Organisation (ILO) and the Institute of Human Development (IHD), India’s youth account for almost 83% of the unemployed workforce.

International

As per the India Employment Report 2024 released by the International Labour Organisation (ILO) and the Institute of Human Development (IHD), India’s youth account for almost 83% of the unemployed workforce. Over 10 million job seekers registered with the National Career Service portal between 2015–16 and 2019. Among them, nearly 64 percent were men and 83 percent were youths aged 15–34. The educated unemployment rate increased over the past 22 years, but with a sharp decline between 2019 and 2022. In 2022, the unemployment rate among youths was six times greater for those who had completed secondary education or higher (18.4 percent) and nine times higher for graduates (29.1 percent) than for persons who could not read or write (3.4 percent). India’s youth population accounted for 27% of the total in 2021, and is projected to decline to 23% by 2036. The study also said that the country is likely to add around 7-8 million people to its workforce in the next decade.


     

     

     

 

     


International Labour Organization (ILO)

Founded- 1919
HQ- Geneva, Switzerland
          ____________________________