Is this the end of India's demographic dividend?
With youth constituting 82.9% of total unemployment, fertility rate below replacement level since 2021 and working-age population set to decline by 57% during 2031-41, demographic dividend is over
With youth constituting 82.9% of total unemployment, fertility rate below replacement level since 2021 and working-age population set to decline by 57% during 2031-41, demographic dividend is over
India should give primacy to labour-intensive manufacturing employment to absorb the abundant unskilled labour, says ILO
The report highlights that in rural areas, the unemployment rate declined to 2.4% in 2023, as against 2.8% in the preceding year.
Notably, urban unemployment rose from 8.5% in October to 9.3% in November, and further to 10.1% in December, matching levels seen a year ago.
The total unemployment figure of 1 crore for all ages in 2012 rose to 4 crore in 2022, says Congress
Fortune India formed a panel of the country's leading economists, CEOs, industrialists and experts to understand what the Interim Budget offers.
According to CMIE, the unemployment rate in rural areas fell to 6.20% in September from 7.11% in August this year.
Policies oriented towards achieving faster GDP growth will not necessarily speed up job creation, says a report by Azim Premji University
In May, the number of unemployed people stood at 33.9 million as against 38.7 million unemployed persons in April.
Among males aged above 15 years, the unemployment rate stood at 9.2% in the March quarter as against 9.6% in the December quarter.