HomeNewsBusinessEconomyWomen in salaried jobs in India down to a seven-year low: MC Analysis

Women in salaried jobs in India down to a seven-year low: MC Analysis

The number of women in regular wage/salaried jobs in urban areas fell to the lowest level of 49.4 percent in seven years

September 24, 2024 / 18:07 IST
Story continues below Advertisement
Women in salaried jobs in India down to a seven-year low, shows MC analysis
Women in salaried jobs in India down to a seven-year low, shows MC analysis

Even as India grows at around 8 per cent, its workforce ratio remains skewed, according to a Moneycontrol analysis of annual periodic labour force survey data by statistics ministry released on September 23.

The number of women looking for work, as represented by the female labour force participation rate, rose to the highest level of 41.7 percent in 2023-24 (July-June); unemployment rose during this period to 3.2 percent from 2.9 percent in the previous year.

Story continues below Advertisement

The rise came primarily from the rural economy, where the unemployment rate jumped again above 2 percent after falling to 1.8 percent in the previous year.

However, a closer analysis shows that even in urban areas, female unemployment declined faster than that of their male counterparts and the quality of jobs deteriorated.