Mumbai-based start-up TeamLease Edtech published the career outlook report for 2022, which revealed that India had outperformed other nations in hiring freshers in the present half of the year (HY). 

According to the report, the global hiring intent currently stands at 11 per cent, with the USA at 15 per cent, APAC  at 20 per cent, Europe at five per cent, the Middle East at six per cent and Africa at two per cent. India outplayed everyone with a stunning intent of 59 per cent. 

The report observed that after a break of two years, employers are gaining confidence to hire newcomers. This year, from the industry perspective, information technology (IT) showed the highest intent to hire newcomers. Sixty-five per cent of employers aimed at recent graduates. In the e-commerce and technology start-up sector, nearly 48 per cent and in telecommunications, 47 per cent of bosses targeted freshers. 

In sync with the job market, the global education field saw increased demand in courses like digital marketing, Al/ML, supply chain, web designing, big data engineering, financial accounting and taxation and blockchain, the report added. 

The company has prepared this career report on the basis of 865 businesses ranging from small, medium, and large enterprises in India's manufacturing, services, and technology sectors. From a global perspective, data pertains to Africa, the USA, APAC, Europe, and the Middle East.

Shantanu Rooj, founder and CEO of TeamLease Edtech, said,” The increase in fresher hirings across sectors globally was evident but with India leading hiring intent displays the plethora of opportunities readily available for recent graduates. With India Inc's surge in freshers hiring, it is necessary to understand the significant skills and knowledge employers are looking for.  As the trend is expected to continue, it's crucial for freshers to invest in the right domain skills and experience to land their “dream job.” 

Neeti Sharma, co-founder and president of TeamLease Edtech, said, “Job market is at its most dynamic phase catering to the changing needs of the various industries.  We are witnessing massive growth in the Indian freshers market, which is most stable in comparison to other markets of the world. This is because freshers are waiting for an opportunity to learn and grow, and they enter the labor markets to learn an organized way of working and gain relevant experience."

"Freshers are the more cost-effective option for startups and businesses with limited resources. Being digital natives, the youth are familiar with social media and how technology can be leveraged to produce something better, quicker, and more efficiently,” she added.