The LinkedIn India-Labour Market Update June 2021 says that the hiring activity in that month was about 42 per cent higher than the pre-pandemic levels recorded in 2019.
This also marked a sharp increase from the 35 per cent higher hiring activity compared to a similar benchmark that was noted in May 2021.
Apparently, a sharp fall in hiring was noted in April 2021, which is perhaps attributed to the second wave of the Covid-19 pandemic during that period.
The uptick recorded in May and June 2021 is arguably also due to the release of pent up hiring considering that companies were additionally prudent towards employing more people last year.
Furthermore, this report has also put light upon the fact that there is a lower competition for jobs as compared to a year ago. However, the interested individuals have also adopted a more aggressive approach towards applying for jobs now.
“Last year, we saw the applications per job double in the middle of 2020, during the height of global lockdowns. Right now, it is going in the opposite direction - average applications per job is 0.6x compared to the same month last year,” the report mentioned, as reported by the PTI.
It added, “Meanwhile, the applications per applicant has been slowly increasing and has reached 1.2x compared to last year.”
The LinkedIn report has also stressed upon the fact that upskilled professionals will subsequently have a greater number and variety of jobs available to choose from.
Comments ↓
An Appeal...
Dear Reader,
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.