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100 _aPadhi, Balakrushna, Rao, D. Tripati and Triveni, T.
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245 _aDiscerning the long-term pace and patterns of employment in India
260 _aThe Indian Journal of Labour Economics
300 _a66(4), Oct-Dec, 2024: p.975-1004
520 _aThis study examines the pace and pattern of employment in India during the last four decades using the Employment-Unemployment Survey (EUS) (1983 to 2011–12) and Periodic Labour Force Survey (PLFS) (2017–18 to 2020–21). The estimates reflect that, notwithstanding the impressive economic growth, aided by demographic dividend, the economy has witnessed a low sustained employment generation. The present analysis reflects a notable increase in both output growth and employment between the years 1983 and 2004-05. However, subsequent to this period, there exists a distinct phase of economic development characterised by a lack of job creation from 2004–05 to 2017-18 and a rebound thereafter. The concerning divergence between Gross Value Added (GVA) growth and employment growth is reflected in the continued dominance of agriculture in terms of employment share even when its GVA share is dismal. Besides, the low employment elasticities of non-farm sectors including industry and services indicate the inability of the non-farm sector to absorb additional labour force and hence sluggish employment opportunities. The slow rate of employment growth during the period of high economic growth failed to bring down overall unemployment. Consequentially, the findings serve as a rebuttal to the claim of ‘slow’ structural transformation. Not only that the labour market is characterising by significant gender disparity, but there is also a growing level of unemployment for the highly educated youth than the less educated. Apparently, economic growth rather than creating more jobs has resulted in net labour displacement as can be seen from the disaggregated analysis of Labour Force Participation Rate (LFPR), Work Force Participation Rate (WFPR), and unemployment rate. The discourse of falling and lower employment elasticities and strong GVA growth painting a discordant picture of the economy calls for an urgent policy redressal in expanding the human capacity to participate in the new economic and social opportunities.- Reproduced https://link.springer.com/article/10.1007/s41027-023-00462-5
650 _aEmployment pattern, economic growth, demographic dividend, Employment-Unemployment Survey (EUS), Periodic Labour Force Survey (PLFS), output growth, job creation, Gross Value Added (GVA), employment growth, agriculture employment share, non-farm sector, employment elasticity, industry, services, unemployment, structural transformation, gender disparity, educated youth unemployment, labour displacement, Labour Force Participation Rate (LFPR), Work Force Participation Rate (WFPR), policy redressal, human capacity, social opportunities.
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773 _aThe Indian Journal of Labour Economics
906 _aLABOUR
942 _cAR