Despite ‘difficult jobs market’, 70% Indians confident about finding better opportunities next year – What LinkedIn survey found

By: |
New Delhi | Published: November 28, 2018 9:05:38 PM

Despite concerns over a "difficult jobs market", 70 per cent of people in India are confident of finding better opportunities next year, according to a LinkedIn survey on Wednesday.

Indonesia grabbed the top two spots on the LinkedIn Opportunity Index, followed by India.

Despite concerns over a “difficult jobs market”, 70 per cent of people in India are confident of finding better opportunities next year, according to a LinkedIn survey on Wednesday. Nearly two out of three Indians (62 per cent) are optimistic about the general economic situation improving in the next 12 months, according to the inaugural edition of the LinkedIn Opportunity Index in Asia Pacific (APAC) region.

The index is a composite measure that seeks to understand how people perceive opportunity and the barriers that prevent them from getting those opportunities. The research by the professional networking platform surveyed more than 11,000 respondents in nine markets in the Asia Pacific region – India, Australia, Chinese Mainland, Hong Kong, Indonesia, Japan, Malaysia, the Philippines, and Singapore.

Indonesia grabbed the top two spots on the LinkedIn Opportunity Index, followed by India.

Read | Got your Airtel, Vodafone, Idea number disconnected despite sufficient balance? Here’s what you should know

On the other hand, the more developed markets such as Japan, Hong Kong and Australia trail on the Index as people in these markets expressed concerns over economic outlook, and generally felt more cautious about their chances of achieving success with opportunities relevant to them. “Over time, by tracking people’s perception of opportunity and the barriers they face, we hope we can continue to facilitate more of a balance between demand and supply in the opportunity marketplace,” Olivier Legrand, Managing Director, Asia Pacific, LinkedIn, said in a statement.

Much like in the rest of APAC, Indians consider career advancement as their main opportunity. Along with career advancement, most Indians consider learning a new skill as one of the main opportunities, and they feel working hard can help them get ahead in life.

Starting one’s own business is also seen as one of the top three opportunities for Indians, according to the LinkedIn Opportunity Index.

One’s “financial status” (31 per cent), followed by the “lack of direction and guidance” (20 per cent), and a “difficult jobs market” (19 per cent) are regarded as the three key barriers by Indian respondents in achieving opportunities, the survey showed.

In digital India, 90 per cent feel that digital and social media equip them with material relevant to the opportunity they seek, and 89 per cent feel that digital and social media have helped them to learn new skills, according to the findings.

Microsoft-owned LinkedIn has more than 153 million members in the Asia Pacific (APAC) region, including over 53 million members in India.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
150 per cent job seekers enhancing skills in lockdown for better career opportunities: Survey
2PGCIL Recruitment 2020: Jobs alert for Power Grid Corporation vacancies; check application details
3Pending Class 10, 12 Board exams: Students who moved to a different place can appear there, says HRD Minister