Every single year since 2014 has seen the formal employment share fall or stay flat. The cumulative drop is from 13.0% to 10.9% — a 16% decline in the share. India added ~8 million gig workers and lost relative formal jobs in the same period.
Explore this in the live data →
This is one of 37 standing analyses drawn from the Some Perspective dataset. It is not dated commentary: it describes a relationship in the data that holds across the series, and it is regenerated whenever the underlying dataset is refreshed. The figures quoted here reflect the 2026-08-15 data vintage.