India’s job market faces a dual challenge of rising unemployment and skills gaps, despite strong economic growth. The Economic Survey 2023-24 reveals 51% of graduates remain unemployed, highlighting competition. However, TeamLease’s Employment Outlook Report forecasts a 7.1% growth in employment, driven by emerging sectors, flexible work models, and upskilling efforts. Key drivers include technological advancements, sector-specific growth, and policy initiatives, reshaping India’s workforce dynamics by 2025.
6 Key Factors Set to Influence the Size of India’s Workforce in 2025
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