India has the biggest youth population in the world and more and more people are graduating from colleges and universities.
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5 million people are coming out of education each year, but nearly 40% of graduates aged between 15-25 can’t get a job. In fact, the unemployment rates are way higher for graduates than for people who are less educated.
White-collar job creation - graduate office jobs - has fallen from 11% growth before 2020 to just 1% today, according to Naukri Jobspeak Index. Big employers like Tata Consultancy Services, Infosys and Wipro are all cutting jobs or freezing recruitment. And AI is also playing a role here. The Indian government estimates that by 2031, AI could eliminate close to three million IT and customer service jobs.
So what’s it like to be an unemployed graduate in India right now? How do you get through the daily grind of job applications and interviews? How do you deal with pressure from your family to find a job? We chat to Karmanya Batra, Anjali Mekala and Bhadra Ashok Kumar.
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