According to the recent India Skills Report 2021, there are 46.8 percent employable women versus 45.91 percent employable men as a result of an increasing number of women enrolling in colleges and degree programs.
The findings also reveal that the highest percentage of women in any sector was recorded in the Banking and Financial Services Industry (BFSI) making up to 46 percent of the employable talent in this industry followed by the Internet business where female employees were recorded at 39 percent.
The findings of the report is a result of assessing 65,000 candidates from over 150 corporates across 15 industries who appeared for the Wheebox National Employability Test (WNET). The report is an initiative by Wheebox, in partnership with Taggd, CII, and AICTE, AIU, and UNDP.
In a statement to the press, Nirmal Singh, the founder, and CEO of Wheebox said, “Finally gender gap in employability is improving with the Indian digital revolution. One great structural change we found is that women’s participation is higher than in the previous five years. Women consist of 36 percent of the workforce, while men comprise 64 percent of all workers.”
According to the report, Maharashtra, Tamil Nadu, Uttar Pradesh, and Karnataka are the top four states with the highest employability while Hyderabad, Bengaluru, and Pune were the cities with the most employable talent. Mumbai emerged as the city having the most highly employable resources with 70 percent of the test takers scoring above 60.
The report further divulged that 46 per cent of the youth were considered highly employable resources which is far less compared to previous years, indicating a skill gap in education. In the general scheme of things, Engineering emerged to be the most sought-after degree and profession in this report.