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Women are more worried on jobs compared to men



As per the data from LinkedIn ,based on the survey responses of 1,891 professionals from May 8 to June 4, findings reveal how the aftermath of the pandemic’s second wave has left Indian professionals — particularly Gen Z and working women — increasingly vulnerable to the economic uncertainty in today’s evolving job market. The report shows that ,India’s overall workforce confidence has declined after peaking in early March, with a composite score of +54 today (down 4 points from +58 in March). This dip in confidence is reflected strongly across professionals from creative industries such as Entertainment, Design, and Media & Comms, who expressed being uncertain about the future of their employers. But as several parts of the economy gradually reopen, professionals from Software & IT and Hardware & Networking are growing increasingly confident about the future of their organizations.

As India slowly begins to come out of the second wave of Covid-19 cases, we see the year-over-year hiring rate recover from a low of 10% in April to 35% at the end of May. The second wave worsens ‘she cession’; twice as many working women worried about availability of jobs, time for job-seeking compared to working men. 30% Gen Z professionals troubled due to lack of jobs, compared to 18% Baby Boomers. The pandemic’s recent peak in India has amplified the importance of work experience and professional connections, as young Indians were found twice (2.5x) as worried as their older cohorts, about the impact of COVID-19 on their careers. The survey reveals that, ‘Flexibility’ and ‘work life balance’ become as important as ‘salary’ and ‘benefits’ today. Meanwhile, this growing demand for flexibility comes at a time when remote opportunities continue to grow.


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