Maximum job creation will happen in Bengaluru, followed by Hyderabad, Delhi and Mumbai. Chennai is projected to end the year at 100% of its Q1 demand while Mumbai, Hyderabad and Bengaluru will recover greater than 70% of demand.
Business activity may not have recovered to pre-pandemic levels but, at 0.5 million, openings for blue collar workers in the July-September period were reasonably strong. Some of this relates to the upcoming festive season but a large part of this demand is for permanent jobs.
Experts say it’s likely 2020 could end with 1.4 million vacancies being filled. Data sourced from Betterplace, a technology platform for managing the lifecycle of informal and semi-formal workforce, shows nine million interviews have been targetted. The demand in segments such as delivery and healthcare segment is expected to surpass January 2020 levels.
The good news is that nearly 80% of the jobs on offer are for full-time employment, Pravin Agarwala, co-founder and CEO, Betterplace told FE. “The demand during the festive season stems mainly from the retail sector so some some of this is for temporary jobs. But demand for full-time jobs is expected to sustain post the festive season,” Agarwala said.
Source: Financial Express
