This is why India’s MBAs and engineers may be hoping to turn watchman and sanitation workers
- As unemployment swells in India, educated millenials are banking on government jobs, thanks to job security and consistent work hours.
- Over 500,000 candidates — including MBAs and engineering graduates and other degree holders — applied for 136 positions of watchman, gardners and sanitation workers.
- India’s unemployment rate stood at 8.5% in October — the highest in three years.
AdvertisementAs unemployment swells in India, educated millenials are banking on government jobs, thanks to job security and consistent work hours. A recent job posting in Bihar Vidhan Sabha has painted a grim picture of job situation in India.
In a recent development, over 500,000 candidates — including MBAs, engineering graduates and other degree holders — applied for 136 positions seeking candidates for watchmen, gardners and sanitation workers. That means, a job that requires 10th grade as the minimum qualification has most of the applicants as ‘overqualified.’
In fact, over 450,000 applicants have appeared for the interviews so far.
India’s unemployment rate stood at 8.5% in October — the highest in three years. As the number of jobs in the private sector are sinking and multinationals are sacking employees, more millennials are taking government exams, shows a survey ‘Between Aspiration & Despair: Government Jobs & The Educated Unemployed by the Centre for Equity Studies.
"This is a matter for investigations on how so many applicants are appearing for interviews on a daily basis. There is a job crisis and unemployment in the state and therefore engineers and professional degree holders are applying for Group-D jobs," said Prem Chand Mishra, who is a member of Bihar Legislative Assembly.
On the other hand, as many as 7,000 graduates have applied for
Indians are spending enormously on education even with few jobs in sight
Unemployment in India highest among urban youth, says government data
AdvertisementAs unemployment swells in India, educated millennials favour government jobs
- Arvind Kejriwal launches ‘Green Delhi’ app — Here’s how to download and use the application
- New air pollution laws in Delhi-NCR — Non-compliance could lead to ₹1 crore fine, 5 years in jail
- WPP won $1.6 billion worth of new business in Q3
- Former Gujarat CM Keshubhai Patel dead
- Tech Mahindra bags ₹400 crore contract from HAL