Recent data released by the State of Working India (SWI), the Centre for Sustainable Employment at Azim Premji University disclosed that over 16 percent of the education youth are unemployed today. Escalating growth rates have failed to translate into promising job opportunity for the youth.
The report also throw light on the urgent need of a focused and competent National Employment Policy. The unorganized sector of India is in a bad shape which obstructs the overall growth prospects as well as generation of new job opportunities.
The report said the increase in unemployment is clearly visible all across India but is particularly severe in the northern states.
Though India has significantly improved its economic growth, but it does not reflect in generating good jobs for the youth. Presently, a 10 per cent increase in GDP results in less than one per cent increase in employment.
The State of Working India Report 2018 also highlighted a hapless picture of caste and gender disparities in the country. “Women are 16 per cent of all service sector workers, but 60 per cent of domestic workers, while overall women earn 65 per cent of men’s earnings. Similarly, Scheduled Castes (SC) formed 18.5 per cent of all workers, but 46 per cent of total leather workers,” mentioned the report.
The ratio of male to female labour force participation rate varies from less than 0.2 in Uttar Pradesh and Punjab to 0.5 in Tamil Nadu as well as Andhra Pradesh, and to above 0.7 in Mizoram and Nagaland, it added.
The report shows that despite high economic growth in the past decade, far fewer jobs have been created than is desirable and there has been an increase in underemployment, unemployment, and informal employment,” said Uma Rani, Senio Economist, Research Department, International Labour Office, Geneva.
Considering India’s poor job structure, the union government should constitute a National Employment Policy in close collaboration with states, the report proposed.