Indian -Unemployed
Mahesh kumar Kalwa
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India Unemployed Persons 1971-2017
The number of unemployed persons in India decreased to 44.85 Million in 2016 from 48.26 Million in 2014. Unemployed Persons in India averaged 30.60 Million from 1971 until 2016, reaching an all time high of 48.26 Million in 2014 and a record low of 5.10 Million in 1971.
EVERY Year 50k Graduates will be coming Out
It's common knowledge that India has a lot of educated people. That’s wonderful. But the lacuna casts a pall over the mood.
Reality bites, rarely pleasant…You might agree with me if you read the National Employability Report by Aspiring Minds, an employability evaluation and certification company, released earlier this year. The New-Delhi based company’s research study tracks more than 150,000 engineers who graduated in 2015 from over 650 colleges in India.
Did you know?
- Only 18.43% of the engineers are employable in the software sector
- Only 3.84% engineers suited to tech roles in startups
- Nearly 27% of engineers failed to even snag an interview
Most numbers in the report are grim, from an employability percentage of 3.67% of Software Engineers for IT product companies to 17.91% of Software Engineers for IT service companies. Design engineers are not too lucky either with electronic engineers being the most employable at 7.07%.