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India’s Jobless Hit Hard by Lagging Economy
Evidence of India’s slowing economy can be seen from local car dealerships - where auto1 sales are set to decrease for the first time in 10 years - to job training workshops where unemployed2 young people like Yogesh Dahiya get interview advice. The New Delhi resident says finding a job in India’s retail3 sector4 is tough.
"As the market is going down, competition is so high," he said.
Employment consultant5 Alka Kohli says she has seen a change in the job market since starting her training and recruiting company.
"There are many more people who need jobs now than they needed five years ago, that is definitely there," she said. "However, earlier there was a trend of a lot of people going for post graduation [post-grad degrees] and asking for jobs, but now people understand that post-graduation is not translating into the job market."
As India’s once double-digit growth rate dips to five percent, analysts6 like Rajiv Kumar with the Center for Policy Research warn that future growth depends on large-scale job creation to employ the next generation of workers. He says that means adding one million new jobs every month for the next two decades.
"The long-term strength of the Indian economy is supposed to be its young population, but if you do not, for example, create these jobs now - these young people will be frustrated7, will be angry and will be out in the streets, which will then impact your long-term growth prospects," he said.
Ahead of this year’s BRICS summit in South Africa, Kumar says India should not focus too much on its standing8 among other emerging economies such as Indonesia, which is becoming a favorite for foreign investors9.
Instead, he says officials should focus on domestic problems like improving governance, the public education system and the country’s infrastructure10.
"Your major cities - Lucknow, Varanasi, Chennai - they have all got four, six, eight hours of power cuts," he said. "Now how does a country or an economy work without this?"
As job applicants11 like Sachin Dwivedi sharpen their skills at training centers for the tighter labor12 market, many are optimistic that the economy will bounce back.
"I faced the interview, one or two interviews, but I could not succeed. But still there is hope and I am trying my best."
For India’s leaders, much is riding on their ability to meet the expectations of hundreds of millions of new workers.
1 auto | |
n.(=automobile)(口语)汽车 | |
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2 unemployed | |
adj.失业的,没有工作的;未动用的,闲置的 | |
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3 retail | |
v./n.零售;adv.以零售价格 | |
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4 sector | |
n.部门,部分;防御地段,防区;扇形 | |
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5 consultant | |
n.顾问;会诊医师,专科医生 | |
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6 analysts | |
分析家,化验员( analyst的名词复数 ) | |
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7 frustrated | |
adj.挫败的,失意的,泄气的v.使不成功( frustrate的过去式和过去分词 );挫败;使受挫折;令人沮丧 | |
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8 standing | |
n.持续,地位;adj.永久的,不动的,直立的,不流动的 | |
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9 investors | |
n.投资者,出资者( investor的名词复数 ) | |
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10 infrastructure | |
n.下部构造,下部组织,基础结构,基础设施 | |
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11 applicants | |
申请人,求职人( applicant的名词复数 ) | |
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12 labor | |
n.劳动,努力,工作,劳工;分娩;vi.劳动,努力,苦干;vt.详细分析;麻烦 | |
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