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Youth employment in India: dimensions and challenges

Author

Listed:
  • Mukherjee, Dipa
  • Majumder, Rajarshi

Abstract

India is set to add about one-fifth of incremental global youth population in the next two decades. This relative “greening” of India’s population and workforce is expected to bring down dependency ratio, increase savings rate and investment ratios, boost macroeconomic growth and yield a demographic dividend for the country, but this depends on whether the additional youth workforce finds remunerative and productive jobs. Examining the employment situation of the youth in India, we discover that labour force participation rate and work participation rate are declining, caused mainly by increased participation in education, but the increasing unemployment rate is worrisome.

Suggested Citation

  • Mukherjee, Dipa & Majumder, Rajarshi, 2023. "Youth employment in India: dimensions and challenges," MPRA Paper 120105, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:120105
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    References listed on IDEAS

    as
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    More about this item

    Keywords

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    JEL classification:

    • J2 - Labor and Demographic Economics - - Demand and Supply of Labor
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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