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Mahesh

07/04/24 06:56 AM IST

Outlook on women’s employment

In News
  • The authors of the India Employment Report, 2024, released recently by the Institute for Human Development and the International Labour Organization, point out that key labour market indicators have improved in recent years.
Women's Participation
  • The female LFPR is very low compared to the male counterparts; in 2023, the male LFPR was pegged at 78.5; and the women LFPR was 37.
  • The world women LFPR rate is 49, according to the World Bank figures.
  • The female LFPR had been steadily declining since 2000 and touched 24.5 in 2019, before inching up, particularly in rural areas.
  • The India Employment Report shows that it is women who largely account for the increase in self-employment and unpaid family work.
  • Nearly two-thirds of the incremental employment after 2019 comprised self-employed workers, among whom unpaid (women) family workers predominate.
  • The share of regular work, which steadily increased after 2000, started declining after 2018.
  • The rate of youth not in employment, education or training globally has been consistently the highest in South Asia, at an average of 29.2% between 2010 and 2019.
  • India also has a large share of youth not in employment, education or training, and the rate is higher among young women than men.
Way forward
  • Economists say interventions are needed on both the demand and supply side of the labour market.
  • On the demand side, says Prof. Basole, policies that promote labour intensive sectors (in both manufacturing and relatively higher productivity services) are needed.
  • Public investment in safety and transport is also critical as is public investment in affordable child and elderly care.
  • All of these types of support can enable women to work outside the home and take advantage of relatively better paying opportunities.
Source- The Hindu

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