Unemployment is a serious issue people are facing at a global level. The increasing number of educational institutions, industries and academic courses has made no difference in the unemployment rate in India. Here arises the question , what really is the problem.
In India we have a large number of graduates who work for lesser pay. Is it only because of lack of employment opportunities? No, lack of adequate skills is also a major reason to be highlighted. It is very disappointing to know that 70% of our graduates lack the basic employable skills. Several lakhs of students graduate every year in India but only a few of them are fit for employment. This is sad, but its the reality.
It is clear from the figures that unemployability needs to be fixed at the earliest. Lack of quality and proper skills is the main reason for unemployment. Instead of generating numerous employment opportunities , treating unemployability must be our prime concern. Educational institutions must provide updated industry oriented quality education to produce skilled graduates that are fit for employment. Lack of skills is the major disadvantage in the job market which must be sorted out. Or else the unemployment rates will go on increasing at an alarming rate.
Students must be provided with a definite career path which ensure that they acquire employable skills in the relevant Technologies required for the specific job. This can be implemented only if the individuals ,Institutions and organisations come together to build such a platform. Educational institutions must consider the industry requirements and job demands and include relevant training methodologies in their curriculum. The need of hour has come to change the learning process instead of relying on the traditional methods. Studying the technologies used in the 18th century will do no good for a person working in the 21st century.The complete concept of learning must change to fix unemployability .Then only we can fight unemployment.