Employability has increased from 37 pc to 47.38 pc in 5 years, says India Skills Report
Friday, 23 November 2018 (11:56 IST)
New Delhi: Employability has increased from 37 per cent to 47.38 per cent in five years, says 'India Skills Report 2019'.This year, India Skills Report, a joint initiative of Wheebox, a Global Talent Assessment Company, PeopleStrong, a leading HR Tech Company and Confederation of Indian Industry (CII) and supported and backed by renowned partners like United Nations Development Programme (UNDP), All India Council for Technical Education (AICTE) and Association of Indian Universities (AIU), stated that Employability continues to rise and has reached a new high of 47 per cent this year.
An incremental change of almost 2-3 percentage points since last year and a huge change of over 15 per cent points in the past five years.While in 2014, the percentage of employable population was 33 per cent, this year, it has reached 47 per cent.
Engineers continue to be the most employable whereas MBA courses have lost their shine.
As per this year's data, 57 per cent of the final year engineering graduates are employable, which is an increase of about 5 per cent points since last year which was 52 per cent.
According to the report, the key job areas for which the companies would be hiring the most are: Artificial Intelligence, Design, Analytics, Research and Development. Design jobs would be the most in demand (23 per cent of employers plan to hire for design jobs), it said.
There is a common thread across industries ? Hospitality, travel, Software, mobile companies are looking for seamless experience (UX) for their app/website/software/property users (or visitors) and auto companies are looking for better driving experience.
Engineering and general graduates constitute 45 per cent of total hiring requirements while thereis expected to be an increase in demand of ITI &; management graduates whereas polytechnic graduates are likely to see a drop.
Female employability increased this year as compared to last year. It has increased from 38 per centlast year to 46 per cent in current year. Male employability score has grown from 47 per cent last year to 48 per cent in current year.(UNI)
