Labour Force Participation: Measuring the Global Gender Gap Trends.

Abstract

Although female labour force participation is a growth driver, participation rates suggest a country’s potential for faster growth. “However, the link between women’s labour market participation and larger development results is important. Women’s labour force participation varies greatly among developing countries and emerging economies, substantially more than it does for men. Even while national output has recovered to pre-pandemic levels, the unemployment rate in India for people aged 15 years and above in urban areas declined to 7.6 per cent during April-June 2022 from 12.6 per cent a year ago, according to the National Statistical Office (NSO) as on 31 August 2022” (Global Gender Gap report, 2022). This is by far the lowest among all comparable Asian economies with a labour participation rate (LPR) of more than 60% of the employable population.