What is the current unemployment rate among graduates in India
According to recent data, the unemployment rate among graduates has declined to 13.4% between July 2022 and June 2023.
The current unemployment rate among graduates in India is 13.4%, according to recent data. Here are some key points about this:
- Decline in unemployment rate: The unemployment rate among graduates in India has decreased to 13.4% between July 2022 and June 2023.
- Positive trend: This decline in the unemployment rate indicates a positive trend in the job market for graduates in India.
- Economic recovery: The decrease in unemployment could be attributed to the overall economic recovery and growth in various sectors.
- Government initiatives: The Indian government has implemented various initiatives and schemes to promote employment generation, especially for educated youth.
- Industry demand: The demand for skilled professionals in sectors like information technology, healthcare, and e-commerce has also contributed to the decrease in unemployment rate among graduates.
- Regional variations: It is important to note that the unemployment rate may vary across different states and regions in India.
- Career development: Despite the decline in unemployment, graduates are encouraged to focus on skill development, internships, and networking to enhance their employability and secure desirable job opportunities.
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