India youth unemployment falls to 9.9%
Analysis based on 6 articles · First reported Aug 10, 2026 · Last updated Aug 10, 2026
The reported decline in youth unemployment and rise in workforce participation signal improving labor market conditions, which could boost consumer confidence and spending. Government schemes like PLI and Viksit Bharat Rozgar Yojana are expected to support manufacturing and job creation, potentially benefiting related sectors and the broader economy.
On August 10, 2026, the Indian government reported in the India — Lok Sabha that the youth unemployment rate (ages 15-29) declined to 9.9% in 2025 from 10.9% in 2022, based on the Periodic Labour Force Survey. The Worker Population Ratio for the same age group rose to 41.4% from 38.5%. Labour and Employment Minister Mansukh Mandaviya attributed the improvement to various employment generation schemes, including Premiership of Narendra Modi, PMEGP, and the Production Linked Incentive Scheme scheme, which has generated over 14.15 lakh jobs. The Pradhan Mantri Viksit Bharat Rojgar Yojana aims to create 3.5 crore jobs with an outlay of Rs 99,446 crore. The government also highlighted MSMEs, startups, and skill development initiatives as contributors to employment growth.
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