India’s hiring rate recovered moderately, burnout a reality in post-COVID world: LinkedIn data
The hiring rate witnessed a modest revival to 35 per cent in May 2021, as localised curfews gradually lifted and economic activity partially resumed.
With more than 90 hours of learning, the programme consists of a comprehensive curriculum that focuses on industry-relevant skills in cybersecurity. Designed by Gargi Singh/ gettyimages.in India’s hiring rate has recovered moderately from 10 per cent in April to 35 per cent in May 2021, but the aftermath of the second COVID-19 wave has left professionals in India increasingly vulnerable to economic uncertainty, as per LinkedIn data.
India’s hiring rate on LinkedIn dropped from 50 per cent in March 2021 to 10 per cent in April 2021. The hiring rate witnessed a modest revival to 35 per cent in May 2021, as localised curfews gradually lifted and economic activity partially resumed.
However, working women and young professionals still remain vulnerable to economic turbulence. “Working women are 4x less confident than working men, while the average time taken for new graduates to find jobs has increased from 2 to 3 months,” according to LinkedIn.