Employment activities in India are recording a steady recovery, and the employment rate in July this year was about 65 per cent above pre-COVID levels, the report said. According to LinkedIn India – Labor Market Update (July 2021), in April 2021 there was a deepening decline in the number of employees, corresponding to the second wave of COVID-19 cases in India. He has been recovering ever since.
Compared to pre-COVID levels in 2019, the employment rate was 35 percent higher at the end of May 2021, 42 percent higher at the end of June 2021, and is now 65 percent higher at the end of July 2021. he said. The employment rate is a measure of employment divided by LinkedIn membership. This analysis considers changes in the employment rate between the month under review and the same month 2019.
“As large sectors such as IT, manufacturing and hardware begin to increase employment after a year of employment freeze, we hope employment will continue to grow,” the report said. It was said that employment is in constant recovery, mostly driven by job changes, not new workers.
“Our data shows that most recent labor market activities are driven by people who change jobs and‘ change ’, not new employees,” it states. As the economy continues to reopen and recover, attention is shifted to opportunities for new and new jobs and their role in the labor market.
The majority of job transitions come from non-emerging roles, the report said, adding that among the transitions to the data and cloud professions, 54 percent and 57 percent, respectively, of the changes were made from non-emerging roles.
There was a large drop in the number of people changing jobs when COVID hit the country, and the share of members who changed jobs fell by almost 48 percent in April 2020 compared to the same period a year ago, indicating that people during that time they “put to work” a pandemic.
This has since recovered and reached 61 per cent more job relocations in March 2021 compared to the same period in 2019. It has stabilized in the last four months, and since July 2021 the share of Indian members has changed the number of jobs is almost 59 per cent higher in compared to the same period in the time before COVID, the report states.
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