The wholesale and retail trade, mining, transportation and utilities sector faces a shortage of skilled labor

• The Manpower Job Outlook Survey found that 89% of employers find it difficult to fill job vacancies in India.
• The survey was conducted by interviewing around 3,406 employers in India to get an idea of ​​the overall employment outlook in India in the fourth quarter of 2021.
• Hiring plans would be the strongest in seven years. The companies expect to increase hiring in the fourth quarter of 2021.

A new survey from Manpower Employment Outlook has revealed that despite several booming businesses in India, 89% of employers are struggling to fill vacancies. The main reason behind this is the lack of skilled talent.

Hiring plans would be the strongest in seven years. Companies expect to increase hiring in the fourth quarter of 2021. The sentiment marker for the October-December 2021 period is up 37% from the previous three months and 40% from the fourth quarter of 2021. ‘last year.

The survey was conducted by interviewing around 3,406 employers in India to get an idea of ​​the overall employment outlook in India in the fourth quarter of 2021.

The recent spike in technology usage, since the outbreak of the pandemic, has led to a surge in demand for tech-savvy engineers and talent. However, the new survey shows that the talent shortage also extends beyond the tech vertical.

The graph clearly shows the Wholesale and retail trade sector facing maximum talent shortage with 95% followed by, Mining the industry with 94% then the Transportation and utilities sector with 91%. To fill vacancies, organizations offer different incentives ⁠— 55% offer training, skills development or follow-up, 49% offer more flexible work hours, 41% offer pay raises, 25 % lower job skills or experience requirements.

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