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Indian professionals cautiously optimistic, 40% expect jobs to increase: LinkedIn survey

Source | | Rica Bhattacharyya, ET Bureau

Indian professionals remained cautiously optimistic heading into 2021 with 40% expecting jobs to increase, according to a LinkedIn survey.

The year-end data from LinkedIn, the world’s largest online professional network, shows that despite experiencing radical changes in the ‘way we work’, India has remained cautiously optimistic and resilient in the face of uncertainty, and overall confidence scores remained steady between +50 and +57 from April to November.

The findings show that 2 in 5 (40%) Indian professionals expect an increase in the number of new jobs (up from 19% in April), and 1 in 2 (53%) expect their companies to do better in the next 6 months, going into 2021.

This optimism also comes at a time when India’s economy is slowly opening up, and the hiring rate continues to recover steadily back to Pre-Covid levels with a 46% y-o-y growth as of October 2020, according to the survey.

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