TeamLease EdTech’s ‘Occupation Outlook Report HY2 (July – December 2024)’ addresses the current job market for freshers in India. No matter rising elements about joblessness and unemployability amongst new graduates, the findings, primarily based completely fully on a survey of over 603 corporations all by the use of India, diploma out a optimistic enchancment all by way of the job market for mannequin spanking new graduates. This report targets to close the outlet between freshers and the job market by highlighting very important job roles, in-demand experience, and tutorial packages that enhance employability.
From July to December 2024, the hiring intent for freshers has confirmed a promising enhance to 72%, up from 68% all by way of the yr’s first half. This surge reveals a rising confidence amongst employers all by way of the potential of latest experience to contribute successfully to their organizations. The report identifies excessive job roles in extreme demand, equivalent to Full Stack Developer, net optimization Govt, Digital Product product sales Affiliate, and UI/UX Designer. These roles diploma out the evolving needs of the {{{{industry}}}}, considerably all by way of the know-how and digital sectors.
As hiring Intent for freshers marginally improved to 72% for the current half-year (July-December 2024) — a 4% enhance over the January-June 2024 half-year, the check out targets to assist freshers in combating the challenges of newest company India. This report is supposed to info freshers and provide info on what to anticipate from a job search perspective. It highlights the job roles in demand and the obligatory experience (core and associated) required. The report moreover underscores among the best skill-enhancing packages which may act as employability boosters for these roles.
The evaluation targets to provide market info to help freshers develop into acquainted with current market developments. It may really equip them with the obligatory experience to hunt out very important employment. It will moreover assist larger instructing faculties in greater understanding {{{{industry}}}} requirements and modifying their curriculum accordingly.
Hiring Intent for freshers all by the use of July-December, 2024
Employers’ Intent to lease freshers
72% of employers surveyed all by the use of India intend to lease freshers all by the use of July-December 2024.
Job roles and experience in demand for freshers all by the use of July-December 2024
Excessive job roles in demand
Developer, net optimization Govt and Digital Product product sales Affiliate.
Excessive space experience in demand
Cybersecurity, Cloud Computing, Information Analytics, and Search Engine Optimization.
Excessive delicate experience in demand
The right delicate experience employers anticipate freshers to private are: Communication, Negotiation, Disadvantage Administration and Teamwork.
In-Demand packages
In-demand packages that freshers can undertake to increase their employability: Certification in Financial Planning, Graphic Design, Digital Promoting and Information Science.
Hiring sentiment all by the use of industries and cities
(Percentages signify the proportion of employers all by the use of the respective {{{{industry}}}}/metropolis)
Excessive 3 industries that intend to lease freshers all by the use of July-December, 2024
E-commerce & Know-how Start-ups: 61%
Engineering & Infrastructure: 59%
Retail: 54%
Excessive 3 cities that intend to lease freshers all by the use of July-December, 2024
Bangalore: 74%
Mumbai: 60%
Chennai: 54%
Diploma Apprenticeship hiring sentiment all by the use of industries
and cities
and cities
(Percentages signify the proportion of employers all by the use of the respective {{{{industry}}}}/metropolis)
Excessive 3 industries that intend to lease diploma apprentices all by the use of July-December, 2024
Manufacturing 25%
Engineering & Infrastructure: 19%
Enchancment & Actual Property: 11%
Excessive 3 cities that intend to lease diploma apprentices all by the use of July-December, 2024
Bangalore: 25%
Chennai: 21%
Mumbai: 16%
Place of Corporates in Shaping Bigger Education
- Employers advocate enhancing curricula with experiential discovering out (70%), industry-academia partnerships (62%), and the addition of rising {{{{industry}}}} experience to the curriculum (58%) to larger align tutorial instructing with {{{{industry}}}} needs.
- Aligning educational programmes with {{{{industry}}}} needs boosts enterprise productiveness (81%) and graduate employability (78%), getting ready a proficient workforce for up to date job market challenges
Commenting on the simply currently launched report, Shantanu Rooj, Founder and CEO of TeamLease EdTech, acknowledged:
The rise in hiring Intent for freshers is an encouraging sign. It reveals rising confidence amongst employers and presents treasured decisions for up to date experience shifting into the workforce. Aligning educational features with {{{{industry}}}} requirements is important. The job market is evolving rapidly, with know-how and digital experience taking centre stage. We’re seeing an apparent demand for roles that blend technical expertise with ingenious problem-solving. The true game-changer is the rising recognition of the need for stronger industry-academia partnerships. The frequent demand for diploma apprenticeships extra underscores this shift in path of sensible, hands-on discovering out. It’s an thrilling time for every freshers and employers as we bridge the outlet between instructing and {{{{industry}}}} requirements.
Jaideep Kewalramani, Head of Employability Enterprise and COO, TeamLease EdTech, added:
The 7% rise in brisker hiring Intent as in distinction with July-December 2023, coupled with rising demand all by the use of pretty plenty of sectors, alerts a sturdy job market restoration. For graduates, specializing in in-demand digital experience and embracing diversified discovering out experiences can significantly improve their career prospects on this evolving panorama.
Evaluation Methodology
A Foremost survey was carried out between April and June 2024 to estimate the Intent to lease freshers, with a complete sample measurement of 603 Companies.
About TeamLease EdTech
TeamLease EdTech is India’s important Discovering out and Employability reply firm. The platform helps universities launch, run, and deal with their very personal On-line/ODL programmes, improve the employability of their school faculty school college students by the use of apprenticeship programmes, and help employers assemble experience present chains whereas bettering employee productiveness. It has distinctive partnerships with 50 of India’s largest universities all by the use of 16 Indian states, trains 5.5 Lakh school faculty school college students on its platform by the use of 9 Indian languages, works with 900 corporates of their upskilling/skilling initiatives and manages over 200 diploma, diploma, and certificates programmes.
