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Indian Labor market in 2014

Job seekers in India this new year 2014 as a real good year as jobs are coming back and about 850,000 new jobs are expected across different sectors and that includes FMGC (Fast-Moving Consumer Goods) and health care. This completely new growth in India has been predicted in a survey that has been recently conducted among 5,600 firms across 12 industry sectors. Apart from health care rise in jobs will be seen in IT, retail and hospitality sectors.

According to the CEO of “My” Mr Rajesh Kumar “last year was not good either for job seekers or for employers due to certain and fluctuated economical and political conditions. 2014 is coming with positive vibes for job seekers as well as employers and expected to create 850,000 new jobs in different sectors”.   He also added, “Finding employees who have employability or job readiness skills that help fir into and remain in the work environment is a real problem and threatening to growth. These issues need to be addressed on priority”.

According to the survey by an independent body it showed that FMGC would lead the chart and is expected to generate almost 150,000 new jobs, followed by healthcare(133,000), IT and ITes(121,000), retail(86,700) and hospitality (83,400).

Even banking sector will see steep rise in job with almost61,400), manufacturing and engineering industry will have all reason to smile with a job rise of 51,500. Education, training and consultancy will also see a positive growth in job of 42,900. Even media and entertainment industry and real estate are also expected to create a substantial amount of new job opportunity. Hence happy days are here again for all the jobs seekers , both fresher and experienced.



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