Chitchat Millions Young Educated Jobless Ready to Steal Lunch!

[Pinkieslut]

Young and Jobless: 63% Indians between 20-24 are unemployed
Prerna Sindwani

• The unemployment rate in India hit 7.1% in January 2020.
• According to the data by Centre for Monitoring Indian Economy(CMIE), people below the age of 30 account for only a fifth of the total employed persons.
• As of 2019, the people under the age of 30 having salaried jobs declined to 29% — accounting for nearly 25 million.

As many as 406 million of 1.2 billion Indians are employed as of December 2019. And the unemployment rate is pegged at 7.1% in January 2020. But this joblessness is hitting the youth the most.

The country which is known for its youngest populations — is unable to provide them with employment. Only 37% of people in the 20-24 age group are employed — and this situation could lead to dangerous consequences. This is despite the fact that India has 35% of its working population in the 5 to 30 year age bracket.
According to experts, this can impact India’s economy in the long run. “This should get much more attention from policymakers. Allowed to persist this can leave scars on India’s economy and polity for long years,” said Kaushik Basu, former Chief Economist of the World Bank.
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[Loofydralb]

Millions of CECA stands ready to come to Sg to work without hindrance ever since the Piece of Wooden Shit GCT signed away Singaporeans right to the first bite of the employment pie.
Now just waiting to hear news of his death so we can celebrate..maybe another public holiday.