Youth Unemployment Crisis Grips India: ILO Report Reveals Alarming Trends

A recent report by the International Labour Organisation (ILO) and the Institute of Human Development (IHD) has brought to light the deepening unemployment crisis among India’s youth. The report, released by Chief Economic Adviser V Anantha Nageswaran on March 26, highlights concerning statistics regarding joblessness among educated young people and underscores the urgent need for interventions to address this pressing issue.

Key Findings from the ILO Report

Here are the key findings from the ILO report:

1. Rising Unemployment Among Educated Youth: The proportion of educated youth facing unemployment has nearly doubled since 2000, reaching a staggering 65.7% in 2022. Despite improvements in employment indicators post-2019, challenges persist for educated youths in securing meaningful and sustainable employment opportunities.
2. Regional Disparities and Challenges: States like Bihar, Uttar Pradesh, Odisha, Madhya Pradesh, Jharkhand, and Chhattisgarh continue to struggle with poor employment outcomes, reflecting the impact of regional policies. Addressing these regional disparities is crucial for ensuring equitable opportunities for youth across the country.
3. Impact of COVID-19 Pandemic: The COVID-19 pandemic exacerbated challenges in the youth labour market, leading to a temporary worsening of indicators. While there have been some signs of recovery post-lockdowns, issues such as job insecurity and poor-quality work remain significant concerns.
4. Gender Disparities and Skill Deficit: The report also highlights widening gender gaps in the labour market, particularly for young women with higher education. Additionally, many youth lack essential digital literacy skills, hindering their employability in an increasingly digital world.

The Need for Career Counselling

In light of these challenges, career counselling emerges as a crucial intervention to overcome the youth unemployment crisis in India. Here’s why:

Career counselling plays a pivotal role in addressing the complex challenges outlined in the report. By providing guidance and support to young people, especially in acquiring relevant skills and navigating the job market, career counselling can empower individuals to make informed career decisions and enhance their employability. Moreover, targeted counselling programs can help bridge the gender gap and promote inclusive employment practices, contributing to a more equitable and prosperous future for India’s youth.

MOE also has emphasized the need for career guidance in guidelines issued for the Regulation of Coaching Centres. Source: https://www.financialexpress.com/jobs-career/education-impacts-of-moes-emphasis-on-the-need-for-career-guidance-3369995/

How iDreamCareer Can Help In Overcoming This Challenge?

iDreamCareer is at the forefront of empowering India’s youth by offering comprehensive career counselling services. Through personalized guidance and expert advice, iDreamCareer equips young individuals with the skills and knowledge needed to navigate today’s competitive job market effectively.

• Personalized Career Assessment: iDreamCareer conducts in-depth assessments to understand each individual’s strengths, interests, and career aspirations. This personalized approach helps identify suitable career paths aligned with their unique talents and goals.
• Career Exploration Webinars: Through Weekly Career Class Webinars, iDreamCareer provides valuable insights into emerging career trends, industry demands, and job opportunities. This helps youth make informed decisions about their educational and career paths. To watch the playlist, check this Out: iDreamCareer’s Weekly Career Class Playlist
• Guidance for Higher Education: iDreamCareer assists students in choosing the right courses and institutions for higher education based on their career goals and academic profile. This guidance ensures that youth have relevant qualifications for their desired professions.
• Continuous Support and Mentorship: Beyond initial counselling sessions, iDreamCareer provides ongoing support and mentorship to help youth overcome career challenges, adapt to industry changes, and achieve long-term career success.

Overall, iDreamCareer’s holistic approach to career counselling empowers youth to make informed choices, develop essential skills, and embark on rewarding career journeys.