Premier institutions like BITS Pilani and IIM Lucknow have formally reached out to their alumni for assistance in identifying relevant opportunities for the graduating class of 2024, amid the global economic downturn and heightened slowdown in hiring.

Given the challenges faced by top-tier institutions, one can only speculate about the conditions at tier 2 and tier 3 colleges. As a student of Dr. B.R. Ambedkar University in Delhi, which falls under the Delhi State government, I, along with many of my peers, have been experiencing the effects of this unfortunate slowdown in campus placements.

However, as an Economics student, I comprehend that recessionary periods are often succeeded by periods of growth. To those facing similar circumstances, I urge you not to lose hope but instead view this as an opportunity to expand your network on LinkedIn, engage with alumni, and focus on skill development through courses or practical experiences like internships.

Recognizing that not everyone is privileged and some may have financial responsibilities, it's important not to hesitate in accepting the best available job opportunity and then consider a switch when conditions improve, following the aforementioned steps.

For those in a position to support job seekers, displaying empathy and generosity is crucial. The current situation is indeed distressing, and offering assistance, whether through referrals, guidance on application processes, or career advice, can make a significant difference.

Let's stay resilient, and together, we'll overcome this challenging phase.

To read in depth about the global economic slowdown condition and its causes, read -

https://theprint.in/india/education/fewer-jobs-lower-salaries-how-global-headwinds-pandemic-hiring-swayed-indias-job-market/1988404/