Thursday, January 21, 2021

68 percent working professionals feel job market has improved in 5 years

- Advertisement -

68% Indians feel job market has improved in 5 yearsNearly 68 per cent working professionals from industries like IT/ITES, healthcare and pharma, consumer retail, BFSI and professional services sectors feel that the job market has improved significantly over the last five years, a new survey said on Tuesday.

For 66 per cent of male workers and 60 per cent women workers, the start-up ecosystem in the country has remarkably evolved in the last five years and offers more entrepreneurial opportunities, said the joint survey by the independent think tank Centre for Economic Policy Research (CEPR) and online interactive learning solutions platform Talentedge.

“We’re living in an environment where economic and professional growth both are rising up the curve. New developments in technology are leading to the creation of new job profiles and, hence, the need for more skilled working professionals,” said Dr Subhash Sharma, Director, CEPR.

READ ALSO:  Warner fifty helps Australia register 3-0 sweep over Sri Lanka

Nearly 70 per cent of the respondents opined that they will have better career opportunities in the near term.

With digitization coming into the picture, 75 per cent of the respondents agreed that they are getting more opportunities to make a greater impact in their current job roles.

“We have the priviledge at Talentedge to reach out to over a million young working professionals on a regular basis. We found this to be an opportunity to partner with CEPR and help voice opinions of this critical demographic across pertinent issues,” added Aditya Malik, CEO Talentedge.

READ ALSO:  Covid freefall: India’s Q1FY21 GDP contracts by 23.9%

An average of 68 per cent working professional across the country have got at least one positive career advancement in a recent time-frame.

There are significant opportunities for people of all qualifications but professionals with advanced degrees have much higher growth options.

READ ALSO:  States get more time for push citizen-centric reforms for additional borrowing

“Seventy per cent working professionals expect continued improvement in the job market conditions as the country rides the digitization wave,” the findings showed.


India Updates
India Updates is an independent news & Information website. Follow us for regular updates on News and Information.

Follow Us On

Related News


Please enter your comment!
Please enter your name here

Trending Topics In India

Covid 19 India Updates

Trending News In India

Trending Showbiz

Trending Sports

Latest Trending News In India

Taking two steps forward, govt puts ball in farmers’ court

By Navneet Mishra (IANS) On Wednesday, the Centre took its biggest stand ever on the issue of three agricultural laws. The 10th round of...

Why not repeal 3 farm laws instead of suspending them: Cong

New Delhi, Jan 20 (IANS) Hours after the 10th round of talks between the farmers and the government on Wednesday remained inconclusive again despite...

Breaking barriers: Kamala Devi Harris is US Vice President

By Nikhila Natarajan (IANS) Moments before 11.45 a.m. on Wednesday on a gorgeous winter morning, Kamala Harris was sworn in as the US' first...

UN chief welcomes US re-entry into Paris Agreement

United Nations, Jan 21 (IANS) UN Secretary-General Antonio Guterres has welcomed the announcement of the new US administration to re-enter the Paris Agreement on...