The document discusses the current job market scenario in India. It notes that unemployment has been decreasing for the last 5 years due to more students opting for the same careers and companies reaching saturation in recruitments. As a result, people have started migrating abroad for work. Some key factors influencing employability are an inability to choose the right career, lack of skills, lack of guidance, and fewer opportunities due to the downturn in the software industry. The present scenario section outlines unemployment statistics, underemployment rates, most employment being in the informal sector with poor education and skill levels overall.