The job market in India is rapidly developing, and the 2nd edition of Indeed’s Blue-Collar Hiring Tracker (BHT) offers valuable insights into the key trends of the job market in 2023. ValuVox conducted a survey among 1,223 employers, 2,671 blue-collar jobseekers, and 2637 white-collar jobseekers, and the results revealed some noteworthy insights.
Increased Hiring
Blue-collar job opportunities increased by 7.40% in 2023. The tourism, hospitality, construction and real estate, and logistics industries were the most profitable job prospects. Kolkata emerged as the leading metro city, accompanied by Pune and Chandigarh that showed significant development in job possibilities.
Blue-collar Employers looked for GenZ talent, while white-collar sought Millennial candidates
Blue-collar employers preferred to hire GenZ applicants (aged below 26), while white-collar firms targeted millennial recruitment (aged 27–41). This preference indicates blue-collar employers’ reaction to increasing automation and the need for a digital-savvy workforce. The desired skill sets included driving, machine and equipment operation expertise, communication, collaboration, physical strength, and digital literacy.
The Largest number of Recruits was in Entry-Level Positions
The maximum number of recruits happened in entry-level positions in 2023. This indicates that there are plenty of job opportunities available for people with different educational backgrounds and skill sets.
Companies are prepared to adopt Next-Generation Technologies
The survey revealed that employers are ready to adopt Next-Generation technologies. 42% of the companies expressed interest in implementing AI integration while 19% of the employers stated that they had already done so. This shift towards technological adaption hints at the need for upskilling among job seekers in order to be prepared for a brighter future.
For teachers, these insights are helpful in understanding the job market trends and making informed decisions. To stay ahead of the curve, teachers should invest in improving their digital literacy and collaboration skills to increase their chances of securing a job. Investing in these capabilities will help them stay ahead of the competition and prepare them for the next-generation technologies.
