Growth of unemployment rates (%) among youth and graduates in India
Overall unemployment rate is up from 7.5% in 2017 (third quater) of a staggering 9.1 in 2018 (third quater). In the same period, graduate unemployment has gone up from 14.7% to 15.6%. Confirming the unfortunate state of the much-hyped demographic dividened, joblessness amoung youth of 20-24 years age has zoomed up from 28% to over 37%. In other words, more than a third of these young people are unable to find jobs. Even among the youth in the age group of 25-29 years old joblessness is up from 11.4% to 12.2% in the past one year.