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    Unemployment rising among educated, skilled people, says report

    Unemployment rising among educated, skilled people, says report

    Unemployment rising among educated, skilled people, says report
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    By CNBC-TV18  IST (Updated)

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    The unemployment rate was higher among literate people than those of illiterate ones in the past decade. In fact, in urban areas, the unemployment rate among educated women was twice their male counterparts.

    The unemployment rate has sharply increased among educated people in 2017-2018, reported Business Standard, citing a survey from National Sample Survey Office (NSSO). The literacy rate went up in 2017-2018, even as the proportion of the people who got vocational or any kind of formal training during this time-period was less, added the report.
    The unemployment rate was higher among literate people than those of illiterate ones in the past decade, cited the report. In fact, in urban areas, the unemployment rate among educated women was twice their male counterparts.
    The gross secondary enrollment rate in the age bracket of 15-16 jumped to 90 percent in 2016, from 58 percent in 2010. According to the survey reported by Business Standard, the national rate of joblessness was seen at 6.1 percent.
    Commenting on this issue, Radhicka Kapoor from Indian Council of Research says, " These numbers reflect a combination of demand and supply issues. There are problems in the skill and education architecture." Furthermore, she added  that the share of educated person increased in 2017-18, especially in rural areas. The literacy rate also went up from 67.3 percent in 2004-05 and 74.67 percent in 2011-12 to 76.9 percent in 2017-18.
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