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72% employers likely to increase hiring of apprentices in January-June 2022: Report

Around 72% of employers are likely to increase their hiring of apprentices in January-June 2022, up from 64% in the previous HY and 58% in Jan – Jun 2021, the findings of the latest TeamLease “Apprenticeship Outlook” have revealed

Source | economictimes.indiatimes.com | Sreeradha Basu, ET Bureau

Around 72% of employers are likely to increase their hiring of apprentices in January-June 2022, up from 64% in the previous HY and 58% in January – June 2021, the findings of the latest TeamLease “Apprenticeship Outlook” have revealed.

The net apprenticeship outlook (NAO) soars to 56% for the current half-year (Jan – Jun 2022) – an increase of 11% over the previous half-year.

Despite the recent Omicron wave as many as 10 out of a total of 18 sectors improved their outlook by 10% or more for the half-year. Engineering records the highest heat apprenticeship outlook (82%) for the HY, followed by Automobile & Ancillaries (74%) and Retail (70%).

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Source
economictimes.indiatimes.com
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