India’s economy has not been creating enough formal jobs to absorb the country’s large and growing youth population. Forces such as technology, restructuring of trade into global value chains, climate change, and now the pandemic, are altering the labour market in unprecedented ways and are exacerbating the employment challenge.
Enhancing Opportunities for Youth Depends on Addressing Labour Market Mismatches
India’s economy has not been creating enough formal jobs to absorb the country’s large and growing youth population. Forces such as technology, restructuring of trade into global value chains, climate change, and now the pandemic, are altering the labour market in unprecedented ways and are exacerbating the employment challenge.