The process of economic reforms in India, initiated in 1991 and strengthened through subsequent liberalization, privatization, and globalization (LPG) policies, has significantly transformed labour markets and employment patterns. This analytical study examines the structural changes in employment trends in India in the context of recent economic reforms, using secondary data from government reports, Economic Surveys, and labour statistics. The study highlights both quantitative and qualitative shifts in employment generation across sectors. Recent data indicate a substantial increase in total employment, rising from 47.5 crore in 2017-18 to about 64.33 crore in 2023-24, reflecting the impact of policy-driven growth and economic expansion. Additionally, the unemployment rate has shown a declining trend, falling to around 3.2% in 2023-24, though it fluctuates between 4-6% in 2025 depending on measurement methods. Labour force participation has also improved, reaching approximately 56.1% in 2025, indicating increased workforce engagement, particularly among women and rural populations. However, the study finds that economic reforms have led to a shift from formal to informal and self-employment sectors, with nearly 60% of workers engaged as self-employed or in informal enterprises. The expansion of the informal sector, which employed over 128 million workers in 2025, underscores persistent challenges in job quality, job security, and social protection. Furthermore, technological advancement and globalization have contributed to skill-based employment polarization, increasing demand for skilled labour while marginalizing low-skilled workers. The study concludes that while economic reforms have accelerated employment growth and diversification, they have also created disparities in job quality, regional employment distribution, and skill requirements. There is a need for inclusive policy frameworks focusing on skill development, formalization, and labour welfare to ensure sustainable employment outcomes in India.