
Mridul Gupta, a social media user, posted a video on Instagram highlighting the struggles of jobseekers in the current economic climate. She said people are sending up to 200 applications a day without hearing back, and experienced professionals are being rejected for entry-level roles.
Gupta advised those who dislike their jobs to be grateful they have one, as many are desperately waiting for interview invitations. Her post drew comments from users who agreed with her view, including one who said they were laid off from a job in Dubai.
Gupta's post taps into a widespread anxiety among Indian professionals, where the IT and startup sectors have seen significant layoffs since 2023. The Reserve Bank of India's latest employment data shows a slight uptick in the unemployment rate, though the government contests these figures. For a professional in a mid-level role, quitting without another offer is a risk few can take. The next data point to watch is the quarterly employment survey due in November, which will show whether formal-sector hiring has picked up.
Source: ndtv.com
This story was synthesised by AI from the source linked above. Methodology and corrections.