Context:
India Employment Report 2024 released
India Employment Report:
- Released by – International Labour Organization (ILO) and Institute for Human Development (IHD)
- Objective – Examines the challenge of youth employment in India and changes over the past two decades.
Highlights of India Employment Report 2024:
- Employment growth remained stagnant up to 2019 and then moved upward
- However, the growth is dominated by poor-quality employment in informal sector
- Slow and steady transition of the workforce to non-farm employment has reversed due to the covid pandemic. Women largely account for increase in self-employment and unpaid family work.
- Wages has remained low and are either stagnant or declining.
- Labour productivity consistently increased alongside capital investment
- Key Recommendations –
- Make production and growth more employment-intensive.
- Improve job quality through investing in emerging sectors
- Overcome labour market inequalities boosting participation of women and youth.
- Make systems for skills training and active labour market policies more effective.
- Bridge knowledge deficits on labour market patterns with reliable statistics
Source: The Hindu
Previous Year Question
Disguised unemployment generally means:
[UPSC Civil Service Exam – 2013 Prelims]
(a) large number of people remain unemployed
(b) alternative employment is not available
(c) marginal productivity of labour is zero
(d) productivity of workers is low
Answer: (c)
