Employability Status in the Country
The skill gap is one of the prominent reason behind the high rate of unemployment in India. Skills and Employability have the strong positive correlation. In recent past years, India has shown remarkable interest for skills development program to increase the employability of individuals.
Source: India Skills Report 2018
Disclaimer: Employability Score here does not include Participation from IITs IIMs NITs and other premier institutes of the country
Overall employability in the country has risen from 40.44% to 45.60% over last year. As per the India Skills Report 2018, 45.60% of students are employable or are ready to take-up jobs. The data given in the report shows that in the last five years employability rate has gone up from 34% to more than 45%, which shows more availability of employable resources to the economy.
Global agencies have identified unemployment as a challenge. As per the estimation of International Labour Organization (ILO), presently 75 million young people are unemployed worldwide. The present scenario not only represent a large number of untapped talent but also shows a social unrest and individual despair.
The image below shows the Top 10 highest employability states as per the India Skills Report 2018.
Image source: India Skills Report 2018
