Business Standard

Jobs for 18-21 age group not so easy to get any more, shows data

A quarter would be retained for regular service. For this year, the upper age limit has been increased to 23


As the country got back on track in the aftermath of Covid-19, the year 2021-22 saw more people joining the workforce than had exited.

Ishaan Gera New Delhi
The creation of formal jobs for those in the 18-21 age group in India has declined steadily, sharply eroding this cohort’s share of the net new Employees’ Provident Fund (EPF) accounts opened over the last four years. It is a trend that economists and researchers say might continue.

The data shows the share of this age group in the net EPF accounts created — a proxy for net new formal jobs created — fell from 37.9 per cent in 2018-19 to 24.1 per cent in 2021-22.


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First Published: Jul 04 2022 | 6:10 AM IST

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