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Indian Labor market in 2014

Job seekers in India this new year 2014 as a real good yearas jobs are coming back and about 850,000 new jobs are expected acrossdifferent sectors and that includes FMGC (Fast-Moving Consumer Goods) andhealth care. This completely new growth in India has been predicted in a surveythat 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 hospitalitysectors.

According to the CEO of “My” Mr Rajesh Kumar “lastyear was not good either for job seekers or for employers due to certain andfluctuated economical and political conditions. 2014 is coming with positivevibes for job seekers as well as employers and expected to create 850,000 newjobs in different sectors”.   He alsoadded, “Finding employees who have employability or job readiness skills thathelp fir into and remain in the work environment is a real problem andthreatening to growth. These issues need to be addressed on priority”.

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

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



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