Job Hiring in India: For the last few months, nothing was heard on the job front except layoffs. Even those companies which used to give jobs to thousands of youth through campus every year, had also kept quiet this time. However, now the youth is going to get good news and in the second half of the current financial year, about 72 percent of the companies of the country have started preparing for hiring. Most of the jobs are going to come in sectors like cyber security, cloud computing, data analytics and search engine optimization (SEO). So the opportunity that was awaited is coming and the youth should now start working on increasing their skills rapidly.
Companies during July-December 2024 ready to provide jobs
According to the Career Outlook Report released by Team Lease on Wednesday, there are signs of changing trends in the job market. Team Lease has surveyed about 603 companies between April and June 2024. About 72 percent of these are preparing to provide jobs in the next half year. The report claims that most jobs can come in e-commerce, tech startups, engineering and infrastructure and retail sectors. They want to add as many freshers as possible to them.
There can be maximum recruitment on these posts
According to the report, the highest demand may arise for full stack developers with roles like SEO executive, digital sales associate and UI/UX designer. Companies want to focus more on things like cyber security, cloud computing, data analysis and SEO. This attitude of companies regarding hiring is a relief. Due to this, the youth are going to get more and more opportunities.
India Inc remained slow in providing jobs in FY24
Earlier, a survey by Bank of Baroda revealed that India Inc has been slow in providing jobs during the financial year 2024. According to the report, the employment growth rate was 5.7 percent in the financial year 2023. But in the financial year 2024, this figure has been only 1.5 percent. This figure has been in double digits only in retail, trading, infra, realty, iron and steel and finance sectors. According to the report, in the financial year 2023, India Inc had given jobs to about 3.33 lakh people. But in 2024, this figure came down to only 90,840 i.e. slipped below 1 lakh.
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