83% of the unemployed are youth

Increased unemployment among the educated youth

35.2% in 2000. 65.7% by 2022

International Labor Organization report

New Delhi, March 27: Unemployment is increasing in the country. According to the latest report of the International Labor Organization (ILO), about 83 percent of the unemployed are young people. ILVO and Institute of Human Development (IHD) have jointly published the 'India Employment Report-2024'. The report expressed concern over the increasing number of unemployed youth with at least secondary education.

It has been revealed that their number will double from 35.2 percent in 2000 to 65.7 percent by 2022. The study stated that during the Corona crisis, employment fell drastically and the educated youth faced high unemployment during this period. The report said that between 2000-2018, the labor participation rate (LFPR) and labor population ratio (WPR) gradually decreased, but after 2019 it improved somewhat.


Differences between different states

On the other hand, the wages of regular workers and income of the self-employed have stagnated and declined after 2019, the report said. In 2022, however, many of the unskilled casual workers could not even earn minimum wages, it said.


The differences between different states of the country in terms of employment are huge. Some states ranked low in employment indices. States like Bihar, UP, Odisha, Madhya Pradesh, Jharkhand and Chhattisgarh are facing difficulties due to poor employment patterns. The study pointed out that this situation is due to local government policies.


Impact of Technology on Employment Opportunities

The report stated that India, which has a large number of youth, is at the crossroads of four roads in terms of providing them with employment. It said that the Covid-19 crisis has increased the challenges in the youth labor market. Increased technology is also impacting employment and increasing the demand for skills, it said. The report clarifies that most of the youth lack basic digital literacy, which is hampering their employability in today's times. It states that 90 percent of Indian youth cannot do mathematical formulas in a spreadsheet, 60 percent cannot copy and paste files, and 75 percent do not know how to send emails with attachments.


The government has not solved all the problems!

Meanwhile, V Ananth Nageswaran, Chief Economic Adviser to the Central Government, who participated in the release of the India Employment Report-2024, made key comments on Tuesday. He said that it is wrong to think that the government will solve all the social and economic problems like unemployment. He expressed surprise as to what the government can do in the matter of employment. He said that in general, the commercial sector in the world takes up the appointments. He said that the government has recently taken up programs like Skill India Missions. But another economist Santhosh Mehrotra responded to Anantha Nageswaran's comments. He criticized the Modi government at the Center and its associated economists for telling lies about the Indian job market without identifying the problem and trying to address it.