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Unemployment in India: Report 15 percent graduates are unemployed

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Azim Premji University‘s latest report on employment claims that more than 15 percent of graduates Unemployment in India. Not only this, the unemployment in India rate among graduates below 25 years of age is 42 percent.

The recently released ‘State of Working India 2023’ report of Azim Premji University has presented a worrying picture regarding employment in India.

According to the report, the pace of creation of regular salary jobs in India has slowed down since 2019.

The report has blamed the recession in the economy and the Covid-19 pandemic for this. The report says that the unemployment rate after the pandemic is lower than the rate before the pandemic.

But among the people who have completed graduation and above, more than 15 percent are Unemployment in India.

This rate is even higher among young graduates. Among graduates under 25 years of age, 42 percent are unemployed. The unemployment rate among older and less educated people is only between two to three percent.

Age group of graduatesUnemployment in percentage
25 to 29 years22.8
30 to 349.8
35 to 394.5
above 401.6
source: Azim Premji University’s latest report

Women Unemployment in India

The report says that this means graduate people are getting jobs later. But after that the question arises that what kind of jobs are these.

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Whether it matches their skills and aspirations or not. The report says that there is a need to do more research on these questions.

The employment rate among women has either stagnated or fallen since 2004. But this rate has increased since 2019.

Women’s self-employment has increased

According to the latest report of Azim Premji University, self-employment has increased among women due to economic pressure. Before Covid-19, 50 percent of women were self-employed. But after the pandemic this number increased to 60 percent.

This means that instead of regular salary jobs, self-employment increased among women and due to this their earnings decreased. Apart from this, many other factors dominate the relationship between women and employment.

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Like the report says that families in which mother-in-law is not present. In comparison to those families in which there is a mother-in-law but who does not work outside.

In those families, the chances of the daughter-in-law being engaged in any job is 20 to 30 percent less.

However, the good news for women is that the pay disparity between them and men has declined slightly in 18 years. While in 2004, salaried women were earning 70 percent of what men were earning.

By 2017 the number had increased to 76 percent. However, since then this number has remained stuck there and there has been no change in it.

Dalits got employment

The report says that between 2011 and 2022, the number of Dalit workers receiving regular wages has increased. But compared to workers from other castes, Dalit workers are more in casual jobs.

In 2021-22, about 22 percent of Dalit workers were getting regular salaries. Whereas 32 percent workers from other castes were getting regular salaries.

But 40 percent of Dalit workers were doing casual jobs. Whereas among workers from other castes, only 13 percent were doing casual jobs.

(courtesy syndicate feed)

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Courtesy: dw.com, This article was originally published on dw.com

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My name is Rangat Roy. I am a student, as well as a part-time freelance blogger, and a journalist without any degree. Last 6 years of experience in the world of blogging.

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