Gen X bets on work experience, millennials focus on upskilling: LinkedIn Workforce Confidence …

Indian professionals are confident about career progress despite growing uncertainties about the job market and financial future in the current environment, says the latest LinkedIn Workforce Confidence Index. Based on the survey responses of 1,752 professionals, findings from January 1-29 reveal that 80% professionals are confident about skilling opportunities, while 79% are confident about the strength of their CVs. However, the latest edition of the Workforce Confidence Index shows a dip in India’s overall confidence, as the composite score dropped from +58 in December 2020 to +54 in January 2021. The survey attributes this dip in optimism to the workforce’s growing concerns about the status of the pandemic, mounting expenses, and job availability in the present economic climate. This professional uncertainty comes right after the year-end holiday season, when India’s hiring rate dropped to 17% year-over-year in December 2020. “Skills are expected to become the new professional ‘currency’ this year as workers from different generations rely on learning new skills to future-proof their careers, at a time when industries continue to strengthen their remote operations. Employees from traditional sectors such as Corporate Services, Healthcare, and Software & IT industries are found to be most confident about the future of their…
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