Rising joblessness among new university graduates in China and India is creating an army of educated unemployed that some fear could destabilise these huge economies.

Both India and China have experienced a higher education revolution in the past decade, with the number of young people completing university degrees rising from a few hundred thousand a year to many millions.

Dramatic expansion of university education should have provided new graduates with opportunities unheard of in their parents' generation.

Instead, with an alarming rise in the number of unemployed and under-employed graduates, a large group of educated young people are becoming alienated, unable to become part of the growing middle class.

The numbers are staggering. In India one in three graduates up to the age of 29 is unemployed, according to a Labour Ministry report released last November. Total unemployment in the country is officially closer to 12%.

Universities and colleges turn out five million new graduates each year.

'Idling' graduates

In China this month a record 7.26 million will graduate from the country's universities - more than seven times the number 15 years ago.

I thought Guyana was the only country with unemployed educated people. I am glad to hear that President Ramotar and the PPP are not responsible for China and India experiencing high unemployment.

Guyana not only has unemployment at sky rocketing rates for educated people they are now importing laborers and truck drivers from china.

This government is so damn corrupt its not funny.

TK, What kind of jobs do they want with 5 subjects grade 3 CXC? They should go join the police force, they need educated people.

While currently there are indeed a multitude of jobless graduates in China and India, in time many will be selected by Australia, New Zealand, US_of_A, United Kingdom, Canada, the European countries, etc., to either work at their companies/subsidiaries in the respective or foreign countries.

Bhai, Right here almost a million Graduates are without Jobs.