The study also reveals a decline in the labour force participation rate, which gauges the proportion of the working-age population that is actively seeking employment. The worker population ratio increased from 52.6% in 2020u201321 to 52.9% in 2021u201322; for females, it went from 31.4% to 31.7%, and for males, it went from 73.5% to 73.8%. The data also reveals a decrease in the employment share of agriculture, suggesting that after the pandemic-related reverse migration, migrants are returning to towns and cities in search of jobs.
Source: Business Standard Although these numbers seem upbeat, other data indicates that the jobless rate has increased. According to data from the Centre for Monitoring the Indian Economy (CMIE), the jobless rate increased to 7.45 percent in February from the 7.14 percent recorded in January. The Employees’ Provident Fund Organization (EPFO) had a decrease of 14.5% in the number of new members from 0.93 million in November to 0.8 million in December 2022.
In India, it is not only low, but it could also be becoming worse. Even if it is acknowledged that statistics may not have accurately reflected women’s participation in the unpaid and informal sectors of the economy, India has a low rate of female participation in economically productive jobs.
Source: Drishti IAS: English Women’s labour force participation is viewed as a crucial indicator of social and economic growth. Increasing women’s employment should receive more focus even as the nation’s job condition should get better.
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