April 25, 2024
The data, maintained by the Ministry of Labour and Employment, revealed a 53% increase in the number of jobseekers shortlisted through the portal
The finance and insurance sector led the way with the highest number of vacancies, listing 4.66 million jobs in FY24
This was followed by operations and support roles, civil and construction sector, other service activities, and manufacturing
Notably, the majority of job postings—6.88 million—were for 12th pass job seekers
In the fiscal year 2023-24, job listings on the government’s National Career Service portal surged threefold to 10.9 million from 3.48 million in the previous fiscal year, marking the highest mobilization of vacancies since the portal’s inception in 2015, according to official data.
The data, maintained by the Ministry of Labour and Employment, revealed a 53% increase in the number of jobseekers shortlisted through the portal, reaching 8.72 million in FY24 compared to 5.72 million in FY23.
A senior government official attributed the surge in job listings to a flourishing economy, reflecting robust growth across sectors.
The finance and insurance sector led the way with the highest number of vacancies, listing 4.66 million jobs in FY24, a significant increase from 1.99 million in FY23. This was followed by operations and support roles at 1.44 million (up from 0.37 million), civil and construction sector at 1.17 million (up from 9,396), other service activities at 1.07 million (up from 0.35 million), and manufacturing at 0.68 million (up from 0.11 million).
The data shows that the majority of job postings, around 6.88 million, were for 12th pass job seekers, followed by 2.70 million for those with a 10th pass or below qualification, 0.73 million for graduates, 0.40 million for ITI and diploma holders, and 60,531 for postgraduates and above. This indicates a higher demand for low-skilled and low-paid positions.
Source: Economic Times