TRANSFORMATION OF THE INDIAN LABOR MARKET IN THE CONTEXT OF GLOBAL ECONOMIC CHALLENGES: EMPLOYMENT DYNAMICS AND UNEMPLOYMENT STRUCTURE

Author(s): Virina I.V.

Rubric: Domestic and foreign trade

DOI: 10.21777/2587-554X-2026-1-66-75

Release: 2026-1 (56)

Pages: 66-75

Keywords: youth unemployment, Indian labor market, gender imbalance, technological sovereignty, labor migration, labor potential, demographic dividend

Annotation: The article examines the transformation of the Indian labor market in the face of global economic chal- lenges. It examines employment dynamics and the structure of unemployment in contemporary India, analy- ses key trends in labor relations, and highlights the specifics of labor market interactions between India and Russia. This article emphasizes the critical importance of studying demographic factors and structural imbalances in the Indian labor market. Particular attention is paid to the phenomenon of “jobless growth”, gender imbalance, and high youth unemployment. Prospects for Russian-Indian cooperation in the field of human resources are analyzed, including employment opportunities for Indian specialists in Russia and the development of high-tech industries in India. Recommendations are made to improve employment regulation mechanisms and increase the efficiency of labor resource use. The conclusion emphasizes the need for a comprehensive approach to addressing India’s labor market challenges, taking into account internal struc- tural characteristics and opportunities for international cooperation. The study highlights the importance of further developing partnerships between Russia and India to create an effective employment system and realize the potential of both countries.

Bibliography: Virina I.V. TRANSFORMATION OF THE INDIAN LABOR MARKET IN THE CONTEXT OF GLOBAL ECONOMIC CHALLENGES: EMPLOYMENT DYNAMICS AND UNEMPLOYMENT STRUCTURE // Economics and Management. – 2026. – № 1 (56). – С. 66-75. doi: 10.21777/2587-554X-2026-1-66-75