Students fear for job prospects

Additional skills needed to improve chances in labour market, TDRI says

Despite the country’s post-Covid economic recovery, which has seen the employment rate returning to the “old normal”, over 230,000 recent graduates remain unemployed, raising concerns among students pursuing low-demand degrees.

According to a National Economic and Social Development Council’s (NESDC) fourth-quarter report issued on Wednesday, from October to December, the unemployment rate dropped to 1.15%, with half a million people out of work, including more than 230,000 recent graduates.

The unemployment rate fell from 1.23% in July to September, the report said, noting recovery in the tourism industry led to more jobs in hotels, restaurants, wholesale and retail businesses as well as in the transport, storage and manufacturing sectors.

Yet by contrast, social…