The more educated you are, the chances are you are not going to get any job. Sounds scary right? But that is exactly the condition of today’s India.
The International Labour Organization (ILO) reported that the youth of today are getting more educated, but compared to their level of education there is no job to provide. The higher educated young people are facing a significant amount of unemployment issues.
Over time this issue of unemployment is worsening, among the graduated youth, the rate of unemployment is 29.1% and among those who only had their higher secondary education the unemployment rate is 18.4% that is nearly six time larger than people without proper Schooling.
According to ILO not only in India the unemployment is a global problem now. The rate of unemployment among people in the age group of 16-24 has risen by 15%, this year. The rate of joblessness among women is even higher than, man it is 76.7%.
This problem of unemployment is being a severe issues, because of the lack of industrialization, with less job opportunities and less development of industries the market is overlay saturated with people having same skills and same scores.
