Unemployment after Higher Education in India: A Statistical Analysis

Abstract

Unemployment is a global problem as across the world no Country is untouched with this problem this is a basic problem which affects the development of any country and a challenge to every government. In India also Unemployment can be seen at every stage and in every age group of people due to one or other reasons. Although all types of employment prevail in our country yet unemployment after higher education is a big issue to deal with. This paper focussed on the growth of universities and colleges, enrollment of students in higher education as well as studying the gap between degree holders and job holders. Secondary sources like data and Statistics from the internet like census CIME report, newspapers, Higher Education Profile 2018-19 and 2019-20, a report on higher education by Ministry of Education Government of India etc, UGC Annual Report (2019-20) were used to collect data. On the basis of empirical data analysis method, it was found that although the number of educational institutes as well as students in higher education increased at a high speed at all levels i.e. Ph.D., PG and UG during 2016-20, yet there is a huge gap between UG/PG and PhD degree holders and job holders Thus, many eligible citizens of our country are able to find the jobs suited to their eligibility. Manishsiq (2023), Khamo (2023), Anusree and Gangadharan (2022), Agarwal (2019), Das and Paul (2018) also revealed in their studies that increase in education resulted in decreased unemployment and found that excess supply of educated graduates, rapid enrollment expansion, lack of skills and low quality of education are the reasons for this mismatch.