India’s labor force has grown more robust in recent years, with a record number of people in the workforce joining the workforce.
In 2018, the workforce of India’s population of 1.2 billion was almost 6 percent larger than in 2020, and was growing at 4.5 percent per year.
The total number of jobs has grown from 731 million in 2020 to 1.28 billion in 2018, according to the Central Statistics Office (CSO).
The number of full-time employees, which is the equivalent of 1 person working full-year, has increased by almost 12 percent over the last two years.
The increase is due to a slew of initiatives, including the government’s move to increase the minimum wage and the implementation of the National Labour Security Plan, a move to ensure more workers are trained and given proper working conditions.
According to the government, the increase in the labour force will bring about more jobs for the poor and people in backward areas.
But as India’s economy grows and more people are joining the labour market, there are concerns over the workforce composition.
According to the CSO, in 2018 there were nearly 2.3 million unemployed people in India.
The jobless rate is the percentage of the working-age population with no jobs.
The rate has been steadily declining over the past three decades, but was recently around 18 percent.
India’s labour market has seen a huge expansion in recent decades.
According the National Sample Survey Office (NSSO), the number of employees in the labor force increased by 4.3 percent between 2020 and 2018, with an annual growth rate of 5.1 percent.
The country’s unemployment rate in 2021 was 13.4 percent, a record high.
The CSO said the number was still higher than in 2016.
“India’s workforce composition is now one of the highest in the world, with about a quarter of the population employed and the remainder unemployed,” the CSo said in a statement.
“This trend has led to an expansion in the employment of the under-15 and under-25 age groups.
This in turn has led the labour supply of India to grow at a faster rate than the labour demand.”
India has seen rapid growth in the number and quality of jobs since the end of World War II.
Over the last three decades there has been a dramatic increase in both the number, and the quality, of jobs, according the government.
While India is a world leader in terms of its labour market growth, the country has also been on a downward trend.
In 2020, employment in the country was 6.7 percent higher than it was in 2020.
The number of unemployed people rose from 637 million to 1,289 million between 2020 to 2020, the CSOs data shows.