business π Degrees vs. Jobs: India's youth struggle to find matches
India is facing a mismatch where graduates are outnumbering relevant job openings across the nation. Jobseeker Ranjan, from Delhi, highlights that recruiters often demand 8-10 years of experience for roles requiring new skills. PLFS 2025 data shows secondary education and above have a 6.5% unemployment rate, much higher than the 3.1% national average. Economists note that lower-income individuals must take any available job, while others can afford to wait for a perfect match. This cycle is further complicated by ATS algorithms penalizing resume gaps and creating a shadow market.