India stares at high youth unemployment as hiring in its behemoth IT sector slows
- India is struggling to bring down youth unemployment as a fall in white-collar jobs in the IT sector has left many fresh graduates and young people unemployed.
- As automation and artificial intelligence adoption picks up pace, many roles in IT are becoming redundant — a phenomenon that’s not restricted to India.
- Data from recruitment firm Foundit showed that online hiring activity for both hardware and software IT plummeted by 18% last year from 2022.
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