By Rukmini Rao
The latest 'Labour Market Update' by LinkedIn on the hiring trends based on its economic graph shows that between April and June, hiring in the country increased by 35 per cent. While the overall hiring activity is still down 15 per cent year-on-year as of end-June, the slow recovery is coming on the back of bottom hit in April when the hiring declined by 50 per cent year-on-year. However, this recovery is expected to remain flat in the coming weeks with the risk of second-wave of infections and possible lockdown measures by states in the future.
With industries such as travel, retail , FMCG and entertainment bearing the worst brunt of the pandemic, job seekers are now looking at work beyond the familiar sector. According to the company's analysis, job seekers who are currently in the affected sectors such as Recreation & Travel are 6.8 times more likely to look for jobs in a different sector, compared to pre-COVID times and people from the retail sector are 2.4 times more likely to apply for a job in a different sector. However, what is not surprising is people employed in the software and IT sector preferring to stay put and not even contemplating a change.
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