Some PerspectiveAnalysis

Jobs

Graduate unemployment is five times the headline rate

The PLFS reports overall unemployment at 5.1% (March 2026). For graduate-degree holders specifically, it's 26.5% — more than one in four. The gap reflects an economy that has expanded low-skill informal work while shedding formal salaried positions.

Aggregate labour data masks the structural mismatch facing the educated workforce.

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About this reading

This is one of 36 standing analyses drawn from the Some Perspective dataset. It is not dated commentary: it describes a relationship in the data that holds across the series, and it is regenerated whenever the underlying dataset is refreshed. The figures quoted here reflect the 2026-08-15 data vintage.

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Raman, V.S. Some Perspective: India's Economic Transformation. someperspective.info · CC BY 4.0 · data vintage 2026-08-15. Cite & download · All analyses