With the improvement in economic activities, the position of new recruits in the job market is improving rapidly. During the third quarter of 2021, there is a 14 percent increase in new job opportunities compared to the same period last year.
New Delhi: After the second wave of the global pandemic corona virus, there is a spurt in economic activities. Economic recovery is happening in the Indian economy too. Fresh hiring has started in the corporate companies of the country as well. Due to this, there is also an increase in jobs in the country.
Improving the economy
According to the report of recruitment firm Michael Page India, ‘During the third quarter of calendar year 2021, there is an increase of 14 percent in new job opportunities compared to the same period last year. In this increase in new recruitments, maximum recruitment has taken place in the engineering and manufacturing sector. At the same time, job opportunities have increased in the technology sector as well.
50% increase in job opportunities
Michael Page India Managing Director Nicolas Dumoulin said that during the September quarter, there has been a 14 percent increase in new job opportunities in the country. At the same time, a huge increase of up to 50 percent has been registered in the opportunities of jobs this year as compared to the layoffs done last year.
Job opportunities increased by 58% in the tech sector
Under the job growth, maximum jobs are visible in the engineering and manufacturing sectors. After this, there has been a 58 percent increase in job opportunities in the technology sector. At the same time, there has been an increase of 35 percent in the law sector and 25 percent in the human resource sector. The improvement in economic activities and the ever-increasing figures of corona vaccination are believed to be the reason for job growth.
Significantly, during the second wave, new recruitments in the country had stopped. During February-March 2021, Indian companies took out recruitments rapidly. After this, after the second wave of corona virus, the situation worsened again. During January-September 2021, the pace of new appointments has increased significantly in the September 2021 quarter. Now with the improvement in the country’s economy, people’s purchases are increasing.
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