Why India's 90% Youth is Unemployed : Money Game of Job Market | Financial Education | Finance

Polaris School of Technology in association with Medhavi Skills University is all set to bring the next big revolution as they are building the next-gen of techies.

✅ 5000 hours of live coding
✅ Next-gen SGDL framework by IITian and MAANG professionals
✅ No social sciences in your curriculum
✅ Internships from 2nd year onwards
✅ 10,000 USD seed funding for startups at PST Tech Combinator
✅ 24*7 coding dens, Gadget Garage, Hackathons, etc.
✅ Corporate campus unlocking networking opportunities in the Tech capital - Bengaluru
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India is grappling with a severe unemployment crisis, a situation exacerbated by several structural and cyclical factors. Despite being one of the world's fastest-growing economies, India faces significant challenges in creating sufficient employment opportunities for its burgeoning population, particularly the youth.

One of the primary drivers of this crisis is the mismatch between the educational system and the labor market needs. Many graduates possess degrees but lack the skills demanded by employers, leading to high levels of educated unemployment. This skills gap is a significant barrier to employment, as industries increasingly seek specialized knowledge and competencies that are not adequately provided by traditional educational institutions.

The informal sector, which constitutes a large portion of India's economy, also plays a critical role in the unemployment scenario. Informal jobs often lack security, benefits, and adequate wages, contributing to underemployment. The rural economy, heavily reliant on agriculture, is particularly vulnerable. Seasonal work and dependence on monsoon rains result in unstable income for many rural households, further aggravating underemployment and disguised unemployment.

Urban areas, although more diversified in terms of job opportunities, face their own set of challenges. Additionally, the rise of automation and digital technologies is transforming various industries, potentially displacing low-skilled workers and demanding new skill sets that many job seekers currently lack.

Government policies and initiatives aimed at addressing unemployment have had mixed results.
Economic slowdowns and external shocks, such as the COVID-19 pandemic, have further exacerbated the unemployment crisis. The pandemic led to widespread job losses, particularly in sectors like hospitality, travel, and retail, which were heavily affected by lockdowns and restrictions. The recovery has been uneven, with many workers still struggling to find stable employment.
Demographic trends add another layer of complexity. India's youth population is growing rapidly, and the job market is struggling to keep pace. The country needs to create millions of jobs annually to absorb new entrants into the workforce, a target that has been challenging to meet.
Addressing India's unemployment crisis requires a multifaceted approach. Improving the quality and relevance of education, investing in skill development, and encouraging entrepreneurship are crucial steps.
In conclusion, India's unemployment crisis is a complex and multifaceted issue that demands coordinated efforts from the government, private sector, and civil society. By addressing the root causes and implementing comprehensive strategies, India can harness its demographic dividend and pave the way for sustainable economic growth and social stability.
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#employment #unemployment #stockmarket #trading #investing #makemoney #optionstrading #howtoinvestinstockmarket #adityasaini #finance #personalfinance #financialeducation #financialfreedom

[theadityasaini]

Polaris School of Technology in association with Medhavi Skills University is all set to bring the next big revolution as they are building the next-gen of techies.

✅ 5000 hours of live coding
✅ Next-gen SGDL framework by IITian and MAANG professionals
✅ No social sciences in your curriculum
✅ Internships from 2nd year onwards
✅ 10, 000 USD seed funding for startups at PST Tech Combinator
✅ 24*7 coding dens, Gadget Garage, Hackathons, etc.
✅ Corporate campus unlocking networking opportunities in the Tech capital - Bengaluru

[Mohit.]

Bro most of the youth know the current Instagram trend but don't know what is the trend in their field

[drprakhar_osvi]

Kash thanos ajaye.We need 30% dearth rate atleast

[thecArRange]

Unemployment is a very dangerous problem in UP

[reos]

just bring population control bill and so many issues will be solved automatically atleast in next 10 years

[multimediadotcom]

Employment study: India vs China, video banao...

[booksquotes]

38% of iitians are unemployed. 😮😮😮😮😮😮😮

[roy.shashwata]

Please remove that painting from background it is distracting a lot. As the sun shines bright 🌄

[SathyaswamyS]

Here is some realistic career advice:

Never opt for arts stream or go for any arts related courses. You will regret it for the rest of your life. Careers in Arts/humanities are not that plentiful or lucrative. This is the situation even in developed countries. Majority of the regretted degrees around the world are in the arts/humanities stream.

Talking about preparing for govt jobs, you can get a government job even if you have a degree in STEM or business and the variety of jobs available will be a lot more. The chances of going abroad will also be limited if you take arts courses. In fact, a lot of schools in India don't offer arts stream.

So guys, avoid arts at all costs. Get realistic guidance and select a better career.

[SuplexCityF]

We need to stop depending on the American IT companies and create more jobs in India. there's absolutely no job security in corporate jobs especially in Amazon which is notorious for firing employees

[ayushd]

common people like us running behind jobs and after few years of due to age they will give up..but nepokids are earning crores which common man can only dream...its fits raja ka beta he raja banega...its fact

[ONLY_BHARATVAASI]

Most India chose unemployment for more 5 years . On that time when 83% graduate youth are unemployed and 55% of indian population is youth

[multimediadotcom]

West bengal me so called didi har mahila ko Bank account me 1000 bhejti hai... Yeh accounts kisne karwaye?

[akshay_dapke]

हमारे शहर में आके देखो, सारे युवा, बाप के पैसो पे छपरीगीरी कर रहे हैं,
और उनको ऐसी आदत लग चुकी हैं, आगे भी काम नहीं करेंगे.

[theexploringneuron]

32 minute ki history 1 minute ka solution😂

[Htcmobikes]

I am thankful more and more youtubers and talking about this matter. I feel like the biggest issue is absolutely population, millions of young men and women graduate each year in various fields. Offcourse govt can only create a finite no of jobs. Also not to mention the interior politics like corruption, paper leakages, nepotism, cash for jobs etc.

[Kresy-ch]

Honestly if my parents have decided my future in medical or engineering I would have been better off commerce has literally no options for me

[Abhi_Abhishek_]

Reason for unemployment is youths are looking for govt jobs only and fully dependent on one job don't want to start his/her startup

[Iamabhinav]

Brother the problem is schooling. Till 8th class it is fine. But see how in the West study is done. There are certain specialties like agriculture carpentry Stem Medical etc where it is skill orientated. A normal guy needs to do taxes etc, but that student is still learning english hindi maths science which has no use in real life as except for a pgt teacher. A normal guy has learnt the basics in 8th standard. We need skill focused education. Those who are earning good today learnt coding, or a skill or cracked a govt job. Rest are in the bracket of 10- 30 k who are in private structure with no work life balance. Entrepreneurship is not for everyone you need to come out of job mindset. India need good skill education and variety, also good entrepreneurs.

[tribhuvanraj]

Even after having double degree, with 3 course certificate don't have job, & I don't wanna leave my country