Background of the study: Being the highly populated country India is leading is leading towards World’s third largest economy. With this target of being the largest economy India not just only a populated one but have a large demographic dividend. With its large Youth population India must focus on creating human resources and it must take care of creating employment opportunity for the mass. This is found some where challenging for it after analysing the paper. Objective: The present study objectifies to analyse the employment status of India. The paper studies the status, the speed, the depth of engaged workforce, the LFPR, WPR with their sectoral distribution. And it studied the depth of nature of employment and unemployment by using different statistical and econometric tools and it also forecasted the sectoral, gender wise growth of employment for both rural and urban India for 2026 and 2030. Methodology: The paper focused on extracting the data from 2024 periodic labour force survey. After that it analysed the data and put the model and forecasted the futuristic development of female WPR and LFPR for rural areas and urban areas as well. The paper analysed the data using regression, correlation, Cramer’s V ratio, made Time series analysis etc. Conclusion: the paper concluded with the terrifying result that in Rural areas both female LFPR and WPR is high in comparison to urban areas, but the sad reality lies in their sector composition. In rural areas female population are stuck in agricultural sector which is much higher than the in urban areas where the service sector jobs are clustered. In the same way we can find that the linear and continuous growth in female LFPR and WPR but in case of male population it is no linear and discontinuous growth marked for both urban and rural region.