What impact does education level have on joblessness in the country
Discussing the correlation between education levels and rising joblessness based on an IIM study.
According to an IIM study, there is a clear correlation between education levels and joblessness in the country:
- Higher education levels are associated with lower rates of joblessness. Individuals with advanced degrees are more likely to secure stable employment compared to those with lower educational qualifications.
- Skilled workers with specialized training are in high demand, leading to lower joblessness rates among this group.
- Job opportunities are often limited for individuals with only basic education, resulting in higher rates of unemployment in this segment of the population.
- A well-educated workforce can contribute to economic growth and create more job opportunities, thereby lowering overall joblessness rates.
Answered
a year ago