E-comm, tech start-ups seen creating 23% more jobs by Sept

The e-commerce and tech start-ups domain will see 23.6 per cent growth in jobs between April and September this year, according to the Teamlease Employment Outlook Report.

This is followed by the retail sector, which is set to generate 14.4 per cent more jobs over six months.

The e-commerce sector has created a huge number of jobs in two categories: drivers, who are in demand by taxi aggregator apps/companies; and delivery personnel, hired in large numbers by online shopping websites and apps, the report says.

Blue-collar boost

Other sectors that will ramp up hiring the next six months include healthcare and pharma (14 per cent); telecom (10.13 per cent); FMCG (11.4 per cent), and IT (14.2 per cent).

Core sectors such as manufacturing and engineering, infrastructure, and financial services may, on the other hand, slow down hiring.

While lowering expectations from the Make in India campaign have bogged down the former two industries, the increased use of mobile banking apps and payment apps has had a dwindling effect on job creation in the financial services sector, suggests the report.

Functional front

On the functional front, sales, IT, and blue collar profiles will benefit substantially from the net positive sentiment.

The rush to acquire driving and delivery skills seems to be boosting the blue-collar jobs tremendously. The profile is likely to witness a 9 percentage point increase in demand.

Except Kolkata and Ahmedabad, most of the cities will experience a boost in hiring, says the TeamLease report.

With a 3 percentage point increase in outlook, Pune and Chennai top the hiring projections.

Though hiring is still largely clustered in the metros and Tier 1 cities, tier 2 and 3 cities will also contribute to consumer spending with a boost in organised retail chains and e-commerce.

Source: http://www.thehindubusinessline.com/todays-paper/tp-news/ecomm-tech-startups-seen-creating-23-more-jobs-by-sept/article8597590.ece