Blue, Grey-Collar Job Vacancies See Four Times Jump In Last One Year: Report
The data highlights that companies are focusing on skill-based mass hiring to boost productivity and efficiency.
The job vacancies in blue and grey-collar segments have jumped four times in the last one year—from November 2021 to November 2022—driven by digitisation, automation and changing work models, according to a report.
The number of job vacancies in the blue and grey-collar industry increased by 301% in the past year to over 1,05.42 lakh in 2022 from over 26.26 lakh in 2021, according to data on the Billion Careers platform, a subsidiary of Quess Corp.
This robust demand can be attributed to the dynamic job market influenced by digitisation, automation and changing work models, said the report.
The report is based on job postings on the Billion Careers platform.
According to the data, companies are focusing on skill-based mass hiring to boost productivity and efficiency, it said.
The report further revealed that in urban and rural areas, the popularity of candidate discovery platforms rose by 236% over the past year.
"The job market trends of 2022, ranging from Great Resignation to the emergence of gigs, have shown that every segment will be more focused on hiring, including blue and grey-collar workers," said Ajay Kumar Singh, senior VP and Chief Business Officer of Billion Careers.
Organisations today also prefer hiring employees with tech-related skills as digitisation has penetrated across India, Singh said.
"Recruiters will optimise hiring processes through technology and address the demand-supply talent gap, focusing on employee engagement and retention," he said.
Around 60% of blue and grey-collar hires were freshers with 0-3 years of work experience, the data said.