TeamLease EdTech’s ‘Occupation Outlook Report HY2 (July – December 2024)’ addresses the current job market for freshers in India. Regardless of rising elements about joblessness and unemployability amongst new graduates, the findings, based mostly absolutely completely on a survey of over 603 corporations all by way 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 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 effectively to their organizations. The report identifies excessive job roles in extreme demand, equal to Full Stack Developer, web optimization Govt, Digital Product product product sales Affiliate, and UI/UX Designer. These roles diploma out the evolving desires 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 agency India. This report is supposed to knowledge freshers and provide knowledge 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 many many best skill-enhancing packages which might act as employability boosters for these roles.
The evaluation targets to produce market knowledge to help freshers flip into acquainted with current market developments. It’d truly equip them with the obligatory experience to hunt out important employment. It will moreover assist greater instructing faculties in bigger understanding {{{{{{industry}}}}}} requirements and modifying their curriculum accordingly.
Hiring Intent for freshers all by way of July-December, 2024
Employers’ Intent to lease freshers
72% of employers surveyed all by way of India intend to lease freshers all by way of July-December 2024.
Job roles and experience in demand for freshers all by way of July-December 2024
Excessive job roles in demand
Developer, web optimization Govt and Digital Product product product sales Affiliate.
Excessive home experience in demand
Cybersecurity, Cloud Computing, Data Analytics, and Search Engine Optimization.
Excessive delicate experience in demand
The acceptable delicate experience employers anticipate freshers to non-public 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 Data Science.
Hiring sentiment all by way of industries and cities
(Percentages signify the proportion of employers all by way of the respective {{{{{{industry}}}}}}/metropolis)
Excessive 3 industries that intend to lease freshers all by way 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 way of July-December, 2024
Bangalore: 74%
Mumbai: 60%
Chennai: 54%
Diploma Apprenticeship hiring sentiment all by way of industries
and cities
and cities
(Percentages signify the proportion of employers all by way of the respective {{{{{{industry}}}}}}/metropolis)
Excessive 3 industries that intend to lease diploma apprentices all by way of July-December, 2024
Manufacturing 25%
Engineering & Infrastructure: 19%
Enchancment & Exact Property: 11%
Excessive 3 cities that intend to lease diploma apprentices all by way of July-December, 2024
Bangalore: 25%
Chennai: 21%
Mumbai: 16%
Place of Corporates in Shaping Higher Coaching
- 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}}}}}} desires.
- Aligning educational programmes with {{{{{{industry}}}}}} desires boosts enterprise productiveness (81%) and graduate employability (78%), getting ready a proficient workforce for up to date job market challenges
Commenting on the merely in the meanwhile 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 selections for up to date experience shifting into the workforce. Aligning educational choices with {{{{{{industry}}}}}} requirements is crucial. The job market is evolving shortly, 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 additional underscores this shift in path of smart, 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 way of pretty a great deal 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 occupation 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 whole sample measurement of 603 Companies.
About TeamLease EdTech
TeamLease EdTech is India’s important Discovering out and Employability reply company. The platform helps universities launch, run, and address their very personal On-line/ODL programmes, improve the employability of their school faculty school faculty faculty college students by way 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 way of 16 Indian states, trains 5.5 Lakh school faculty school faculty faculty college students on its platform by way of 9 Indian languages, works with 900 corporates of their upskilling/skilling initiatives and manages over 200 diploma, diploma, and certificates programmes.
