From the typical dropout rate of one in five offers during the period from the second half of 2022 to late 2023, there is now one dropout for every three offers made, Xpheno data showed.
“These large numbers of unplaced students are dealing with a high level of stress and anxiety and hopelessness staring at the bleak future prospects due to the poor job placement scenario,” Singh told Moneycontrol.
Since AI is changing how most of the jobs are performed, the company is conducting skills assessments, offering training programs, providing mentorship, and encouraging job rotations.
Though many corporate offices have reopened for in-person attendance, some employees continue to work for other employers, sometimes even at the workplace.