Issue link: https://read.uberflip.com/i/1503407
ManpowerGroup Talent Solutions: Global QMR Q2 2023 | 71 India 5 4 years 4 5 4 years 5 5 44 years 45 54 years 55 4 years 5 years 4 Latest Available Data Q2 2023 Total Labor Force (000s) 436,700 Employed Workers (000s) 402,637 Unemployed Workers (000s) 34,063 Unemployment Rate 7.8% ▪ 15% of the Labor force is 55 years+. ▪ The retirement age in India is between 58 and 60 years in the private sector and 60 years for Central Government workers. ▪ The number of participants in the 55-64 years age group has increased by 25% compared with Q1 2019, while the 65 years+ age group has increased by 39%. Workforce Statistics Labor Force Participation Rates by Age and Sex Age Profile of Labor Force 5. . 5.4 . 5. .4 . . . . . . 5. 5. 5. . . . . . 4 4 4 4 ale 5 54 ale 55 4 emale 5 54 emale 55 4 , , , , 5, , , 4 5 , 4 , 55 , 4 4 4 4 4 5 4 5 44 45 54 55 4 5 years TalentNeuron Hiring Demand Trend by Job Function Hiring Demand Trend For Vacancies Number of Participants in Labor Force By Age (000s) https://unemploymentinindia.cmie.com/ ILOSTAT