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42.3% of graduates under 25 unemployed, finds latest State of Working India report

indianexpress.com 42.3% of graduates under 25 unemployed, finds latest State of Working India report

Also, there has been an upward trend in intergenerational mobility, but the trend has been weaker for workers belonging to Scheduled Castes and Scheduled Tribes categories as compared to workers belonging to general castes.

Also, there has been an upward trend in intergenerational mobility, but the trend has been weaker for workers belonging to Scheduled Castes and Scheduled Tribes categories as compared to workers belonging to general castes.

For unemployment based on education and age groups, the report stated that 42.3 per cent of graduates under 25 are unemployed whereas the figure stands at 21.4 per cent for those who have completed higher secondary education in the same age group. Notably, with lower educational qualifications, the rate of unemployment also decreased.

Speaking to The Indian Express, Rosa Abraham, co-author of the report and among the principal investigators for the India Working Survey, explained, “There are two things that are potentially happening here– one is of course that as a graduate your aspirations and ambition for the kind of work you want to do and the minimum wage you’d demand is much higher. So if the economy is not generating such jobs, they may choose to be unemployed.”

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