- The report, based on data from the National Sample Surveys and the Periodic Labour Force Surveys between 2000 and 2022, highlights long-term deterioration in labour force participation, workforce participation, and unemployment rates between 2000 and 2019, with improvements thereafter.
- Despite these improvements, the quality of employment remains a concern.
- The report also notes a faster upward trend in female labour market participation rate as of 2019, particularly in rural areas, and a slow and steady transition of the workforce away from agriculture.
- However, a significant portion of the workforce still engages in the informal sector, and real wages of regular workers have either remained stagnant or declined.
- The report underscores the challenges in the Indian labour market, including high unemployment rates, lack of skills, and gender disparities.
Question:
Q.1 Who released the India Employment Report 2024?a. International Labour Organisation (ILO) and the Institute of Human Development (IHD)
b. National Sample Surveys and the Periodic Labour Force Surveys
c. Ministry of Labour and Employment, India
d. World Bank