Share of youth employment at 5-year high in 2022, shows EPFO data

Employment for those of the age 18-25 grew 13.4 per cent in 2022 over 2021

In the jobs created in 2022, the share of those in the age group 18-25 increased to at least a five-year high of 56 per cent.

A Business Standard analysis of the monthly Employees’ Provident Fund Organisation (EPFO) payroll data shows in 2018 the share of youths among the new EPFO subscribers was 50.9 per cent.

The National Statistical Office is releasing the monthly EPFO payroll data since April 2018 as part of the government’s effort to track formal-sector employment by using payrolls as an instrument. 

Between 2018 and 2022, the share of employment for the age group 26-35 and