Note4Students
From UPSC perspective, the following things are important :
Prelims level: ILO, India Employment Report 2024
Mains level: NA
Why in the news?
According to 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.
About the International Labour Organization (ILO)
Major Conventions of the ILO:
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Highlights of the India Employment Report 2024:
- Labour Market Dynamics
- Long-Term Deterioration: The Labour Force Participation Rate (LFPR), Worker Population Ratio (WPR), and the Unemployment Rate (UR) showed a long-term deterioration between 2000 and 2018, but witnessed an improvement after 2019.
- Education Impact: The share of youngsters with secondary or higher education in the total unemployed youth has almost doubled from 35.2% in 2000 to 65.7% in 2022, indicating a significant shift in educational qualifications among job seekers.
- Challenges and Insecurities
- Informal Workforce: Almost 90% of workers remain engaged in informal work, while the share of regular work declined after 2018, leading to widespread livelihood insecurities.
- Contractualisation: There has been a rise in contractualisation, with only a small percentage of regular workers covered by long-term contracts, exacerbating job insecurities.
- Skills Gap and Gender Disparities
- Skills Deficiency: Despite being a demographic dividend, the report notes a skills gap among India’s young workforce, with a significant percentage unable to perform basic digital tasks or mathematical operations.
- Gender Gap: India faces substantial gender disparities in the labour market, with low rates of female labour force participation and high levels of unemployment among highly educated young women.
PYQ:
2018: International Labour Organization’s Conventions 138 and 182 are related to:
- Child labour
- Adaptation of agricultural practices to global climate change
- Regulation of food prices and food security
- Gender parity in the workplace
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