{"id":224404,"date":"2023-01-31T20:38:08","date_gmt":"2023-01-31T15:08:08","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=224404"},"modified":"2023-02-20T14:51:29","modified_gmt":"2023-02-20T09:21:29","slug":"education-challenges-of-employment","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/education-challenges-of-employment\/","title":{"rendered":"Education challenges of employment"},"content":{"rendered":"\n

Source<\/strong>: The post is based on an article\u00a0\u201c<\/strong>Education challenges of employment<\/strong>\u201d published in Business Standard<\/strong> on\u00a031st<\/sup> January 2023<\/strong>.<\/p>\n

Syllabus: GS 3 \u2013 Employment<\/strong><\/p>\n

Relevance: <\/strong>India\u2019s labour force participation rate and unemployment<\/strong><\/h5>\n

News<\/strong>: The article discusses how education is associated with employment and labour participation rate in India.<\/p>\n

What are highlights of the data?<\/strong><\/h2>\n

India suffers from a poorly educated workforce<\/strong> that is confined to poor quality jobs.<\/strong> Most employment is informal and in the unorganized sector<\/strong>.<\/p>\n

For example,<\/strong> 48 percent of the workforce had not cleared their 10th exams, 28 percent had cleared between the 6th and 9th standards and 20 percent had cleared only the 5th standard.<\/p>\n

Only 12 percent of the workforce was a graduate<\/strong> or postgraduate whereas this ratio in the US is about 44 per cent for persons of 25 years or more.<\/p>\n

During September-December 2022, the overall unemployment rate in India was 7.5 percent but the unemployment rate for graduates was at 17.2 percent<\/strong>.<\/p>\n

And in the same period, nearly 40 percent of the workforce had only high school degrees, i.e., between the 10th and 12th standards.<\/p>\n

This shows the dismal picture of India\u2019s labour force because labour participation rate decreases with less education.<\/p>\n

How does the Labour Participation Rate (LPR) change with education?<\/strong><\/h2>\n

The labor participation rate and the unemployment rate increase with education and vice versa.<\/p>\n

For example,<\/strong> for those with an education between 10th and 12th standards, the LPR rose to 40 percent with the unemployment rising to 10.9 percent compared to those who are less educated.<\/p>\n

Moreover, in the US, the unemployment rate drops as the education levels rise. However, it is the opposite in India.<\/p>\n

Furthermore, the LPR among graduates is rising in India which is a positive indication for lowering unemployment rate.<\/p>\n

What are other problems with the employment in India?<\/strong><\/h2>\n

Even though the LPR has improved for graduates, the jobs for them are not growing enough to make a difference to the composition of the workforce. They have still not reclaimed their pre-Covid share in the workforce.<\/p>\n

Moreover, other problem with the Indian workforce is that many graduates leave India for better job opportunities abroad.<\/p>\n

India has been unsuccessful in offering adequate jobs and enough good quality jobs to its graduates.<\/p>\n","protected":false},"excerpt":{"rendered":"

Source: The post is based on an article\u00a0\u201cEducation challenges of employment\u201d published in Business Standard on\u00a031st January 2023. Syllabus: GS 3 \u2013 Employment Relevance: India\u2019s labour force participation rate and unemployment News: The article discusses how education is associated with employment and labour participation rate in India. What are highlights of the data? India suffers… Continue reading Education challenges of employment<\/span><\/a><\/p>\n","protected":false},"author":10320,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[10503,216],"class_list":["post-224404","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-business-standard","tag-gs-paper-3","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1700205679},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/224404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10320"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=224404"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/224404\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=224404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=224404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=224404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}