India, Feb. 3 -- India's labour market has made notable strides in recent years, bolstered by a strong post-pandemic recovery and increased formalisation of employment. The Periodic Labour Force Survey (PLFS) shows a steady decline in the unemployment rate, with higher labour force participation and an improved worker-population ratio. However, several challenges persist, undermining the sustainability of these gains. One of the primary concerns is the stagnation of salaried employment, which suggests weaker demand for skilled labour or slower expansion in the industrial and service sectors, both essential for long-term economic growth. Agriculture continues to dominate the employment landscape, with its share actually rising over the las...