According to LinkedIn’s economic graph data, the pace of new recruitment in India was 23% slower in December 2022 as compared to December 2021. Yet, the Indian workforce appears to be resilient in the face of economic uncertainty, as 4 out of 5 professionals (80%) are considering changing jobs in 2023, according to latest research by LinkedIn, the world’s largest professional network. Huh. In this, 88% of professionals in the age group of 18-24 years are considering looking for a new job, while this number of people in the age group of 45-54 years is 64%. Let us tell you that the LinkedIn profile has seen an annual growth of 43% in the last year. 365 million new users have been added in the last 12 months.
Three-quarters (78%) of employees surveyed said that if they had to leave, they would apply for a new job with more confidence. Rising cost pressures and the need for financial security is one of the major reasons forcing employees to look for a new job, as they (35%) want more money. 33% of the people surveyed said that they would like to work in a company where there is a balance between personal and professional life. 1 in 3 (32%) of those surveyed said they are more confident in their abilities and think they can find a better job.
LinkedIn’s Workshop for Better Jobs
To support job seekers, LinkedIn is hosting content and live workshops on its platform from January 30 to February 3. It will feature practical career advice and job search tips from industry leaders. LinkedIn is also launching free LinkedIn Learning courses to support professionals in their next career move.
