The situation of jobs is getting better than before. According to the Monster Employment Index, advertisements about new jobs have improved compared to December 2019. Some industries fell to pre-Covid-19 levels
Mumbai: The situation of jobs is getting better than before. In December, more information was received about jobs in telecom, agro-based units and media and entertainment industry and these sectors have come to the pre-Covid-19 level.
According to a report, according to the Monster Employment Index, advertisements about new jobs have improved compared to December 2019. Some industries fell to pre-Covid-19 levels.
It said that 7 percent growth was witnessed in telecom sector, 6 percent in agro-based industries and 4 percent in media and entertainment sector. Along with this, the performance of chemicals, trade and telecom sectors is better.
However, due to the epidemic and its impact in various sectors of employment, the index has decreased by 15 percent as compared to December 2019. Monster India, which provides information about employment, prepares this index. It is prepared on the basis of information given about ‘online’ employment.
Here, according to government estimates, in the current financial year (2020-21), a big decline of 7.7 percent in GDP can be recorded. The government has said in its first forecast for the current financial year that every sector of the economy, except agriculture, will register a decline.
The forecasts released by the NSO are almost equal to the Reserve Bank of India’s forecast of a decline in the economy. The RBI had forecast a 7.5 percent decline in the economy during the current financial year. However, this is a better situation than earlier estimates as it had earlier predicted a 9.5 per cent decline in GDP.
Nidhi Malviya is fun loving girl. She writes at NoobFeeds about various topics related to Finance, Technology, Business etc.