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“Graduate Unemployment”: an explainer.
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Lovely explanation. I covered this in my piece before the general election in India that 2029 the real problem for the govt will be jobs and employability. We in industry has been seeing this disconnect for decades. It's just visible to all now.

Very good analysis. We need platforms where industry and institutes can come together to address the matching skills. Secondly, industry requirements are always ahead of what formal qualification can provide - hence we need a process where training and employment can co-exist and not be seen as sequential

Absolutely correct interpretation. Ran an SME until last year and was appalled by the quality of engineers applying to us. We took a decision to hire BSc students and train them at our cost and make them sign a 5 yr bond. Training is expensive.

A factual explainer on the unemployment situation in India🙏

Mam number also lies. 1. All graduates are not actually seriously taken studies and have degrees 2. A shopkeeper is earning more than any white collar job 3. The taxes are so high so why would any will go for any corporate job

Some of us figured this out back in 2009 & we even published a PoV. The PoV covered 2 things 1) How NLP will change data analysis & interpretation 2) How self paced micro learning will replace traditional college education. If you follow Moore's Law, processing speed doubles 1/2

Addressing these systemic issues is essential for improving employability and working conditions in India. However, it overlooks significant factors such as exploitation by employers, characterized by low salaries and excessive workloads.

Some of these analysis are hard hitting. When I see this from the other side of table, employability is really low. Something must be done immediately to bridge this, the social and economical impact is really high. Gold mine for startups if done right #SkillIndia #Employability

These facts are actually embarrassing. They tell us that over the previous decades, we were not aware that we were churning out hollow graduates. Or we knew but did nothing to change things. It's like a factory that keeps making a product despite knowing it's defective and unusable. Not only will productivity be impacted by the lack of suitable employees, but those graduates sitting at home are a burden, possibly a risk, and a reminder of sunk costs. India has successfully turned its demographic dividend into shit.

Consider this as most overlooked topic because majority of youth in India are under quick materialising attitude . This is sad but in few years normal age to settle down career wise will be 35 if they still follow onyl degree based jobs

