💨 Abstract

The World Bank report shows India experiencing a positive job growth trend since the 2021-22 fiscal year, with employment growing faster than the working-age population. This growth is marked by rising female employment participation and a decrease in urban unemployment to a 6-year low. However, youth unemployment remains high, and formal employment accounts for only 23% of non-farm jobs.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖