In Demonetisation Times Opening Bright Opportunities Ahead.
We all know that qualified students have more chances of grabbing good jobs. So, the concept of higher education is very much familiar to us. Higher education has become a job-seeking tool in today’s world as all sectors demand skilled employees.
But, because of central government’s decision to demonetize Rs.500 and Rs.1000 notes, some industries have landed in a place where they claim the prevailing economic conditions as unfavourable. The demonetisation game though is considered as unfavourable but it can be a very good opportunity for people who are planning to enter a corporate world even at a time when recession is turning the tables.
The world economy is the main game today. Starting from the great recession in America to the recent recession of 2008, we have seen hits of changes from time to time. Recession is not just a bunch of changes in economy, but indeed a whole book of changes. It made the people change their way in how they thought of education in usual times. Job opportunities went down, simultaneously the overall dip in the economic sector and its parts were down.
There are prominent evidences that college-going actually increased during the great recession. How the colleges or schools in return reacted was legit on their part. The organisations started cutting down employment and significantly reduced the size of faculties and people over the age of 65 were forced to retire. This was of course surprising, but the college going has actually gone up in every recession since the 1960’s. However, there are also other myths;,some people believe that recession is an ominous sign for the businesses but it is actually a part of a healthy economic cycle.
This story is from the January 2017 edition of People and Management.
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This story is from the January 2017 edition of People and Management.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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