Though the employment outlook in India has fallen due to slowing growth, seven sectors including information technology and e-commerce show upticks in hiring intent, says a TeamLease Services report.
Learning and development budgets are up, but learners aren’t happy. Here’s why.
TCS and Infosys together hired over 50,000 employees in 2018-19, up from 11,000 in the previous year.
The report says the “beginning of the decline in jobs” coincided with the Modi government’s demonetisation move in November 2016, although “no direct causal relationship can be established”.
The country is facing a grave unemployment and underemployment crisis and it’s only likely to become worse.
