Educated Young Indians Face Higher Unemployment, ILO Report Finds

A significant mismatch between labor market skills and job availability is contributing to rising joblessness among educated youth.

Educated young Indians face higher unemployment rates than their less-educated counterparts, with graduates experiencing a jobless rate of 29.1%.
The International Labour Organization highlights a significant skills mismatch in India's labor market, contributing to the unemployment crisis.
Women and urban areas are disproportionately affected by unemployment, with educated young women facing particularly high joblessness.
The rise of gig jobs poses new challenges for worker well-being and employment stability, blurring the lines between employees and self-employed individuals.
Comparatively, young people in China also face high unemployment rates, but the situation in India is more severe with rates higher than global levels.