MUMBAI: Employability in the country has improved this year as 46.2 per cent youth were found to be highly employable as against 45.97 per cent last year, mainly led by IT, education, financial services sectors, according to a report.
As per the India Skills Report 2022 by Wheebox, overall 46.2 per cent youth were found to be highly employable as against the employability of 45.97 per cent in the previous year.
The report said that the female employable pool has been growing steadily at the rate of 51.44 per cent, while 45.97 per cent of the males have been found to be highly employable.
It added that another trend is that 88.6 percent of graduates are looking for internship opportunities.
The report further revealed that candidates from Maharashtra, Uttar Pradesh and Kerala had the highest employability as compared to last year which were Maharashtra, Tamil Nadu, Uttar Pradesh and Karnataka.
Of these, B.Tech graduates and MBA graduates were found to have the most employable talent from various domains, it was revealed.
Whereas, Pune, Lucknow and Trivandrum were with the most employable talent and the most preferred cities for work by graduates were Bangalore, Kochi and Chennai.
Nirmal Singh, Founder and CEO, Wheebox, said, “The pandemic has shown us that distance learning and remote working is going to be the new normal for many sectors in IT, business consultancy, financial services and especially sports, education industry ” said.
The India Skills Report is a combination of assessments from 3 lakh candidates across India who appeared for the Wheebox National Employability Test (WNET), and 150 corporates across 15 industries that participated in the India Hiring Intent Survey.
The report found that the demand for qualified and skilled professionals will be driven by sectors including IT/ITES, pharmaceutical, e-commerce and BFSI.
Hiring for freshers is expected to increase by 20 per cent in 2022 as compared to 2021 in these sectors.
Further, the report said that compared to 36 per cent women participation in the workforce last year, this year has seen equal participation with 32.8 per cent women working in the workforce across various industry sectors.
Although 67.2 percent of men make up the bulk of employed professionals, women’s participation in the workforce is being encouraged by more companies with the intention of hiring more women, it noted.
It said that Telangana has the highest number of job-ready women at 39.42 per cent, followed by Karnataka at 35.44 per cent.
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var st = 0;
///});
}
}
});
/*}
};*/
})(jQuery);
,