42% unemployment rate among graduates under 25
Financial Express Mumbai|September 21, 2023
LOW RATE FOR OVER-35 GRADUATES RAISES WORRIES OF SKILL MISMATCH

FIRST THE GOOD news: The unemployment rate has declined postCovid-19 for all education levels in India. But the bad news is that it remains above 15% for graduates and has reached as high as 42% for graduates under the age of 25, according to the State of Working India 2023 report published by Azim Premji University.

Within the higher educated group, the unemployment rate has fallen to less than 5% for graduates who are 35 or older. While this suggests that eventually graduates do find some work, the question arises on what the nature of these jobs is and whether these opportunities match their skills and aspirations.

The report points out that between 2017 and 2021, there was a slowdown in overall regular wage job creation, but formal jobs (with a written contract and benefits) as a share of all regular wage work rose from 25% to 35%. In 2020-21, during the pandemic, regular wage employment fell by 2.2 million.

この記事は Financial Express Mumbai の September 21, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Financial Express Mumbai の September 21, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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