Commentary highlights 3.2% unemployment in India, showing growth in the labour market amid challenges.
The labour market in India has weathered several challenges starting from demonetization, GST implementation to the Covid-19 pandemic followed by the global slowdown. Despite these challenges the recently released PLFS report and ASI findings project an encouraging picture for the labour market in India. Unemployment being at a low of 3.2 per cent in 2022-23, manufacturing sector picking up in terms of employment generation, declining wage inequality and a growing gig-economy warrants a deeper analysis of the reasons behind the changing landscape of employment-unemployment scenario in India.
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Rajvanshi et al. (2025) studied this question.
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