Employment opportunities to be reduced

NEW DELHI MAY 16: In the first half of the Current Financial year, the survey estimates that the appointments will be reduced. With the reduction of sentiment in smaller companies, the total number of appointments is expected to be around 6 percent.

The Team lease Employment Outlook Report 2017-18 estimates that large companies can take more appointments. A comprehensive survey of 8 cities, 16 departments, job growth, wages, causes, expectations, etc.

According to this survey...

* Initial and mid-level appointments can be reduced by 8% and 5%.

* At a senior level, the parentage points will be increased by 5%.

* Small and mid-sized companies are likely to perform in the second half of the current fiscal based on the government's promotion of digitization.

* Financial technology and mobile wallet companies are 'bullish' in recruitment. Pharmaceutical companies are also giving more jobs in the face of huge foreign investment.

* Knowledge Processing Organization (KPO) industry is making good progress. It can employ 1,50,000 professionals during the year.

* Building and real estate have been heavily damaged by the effect of Demonetization. The appointments have reached the minimum level.

* They are ignoring the focus on recruitment, engineering, and infrastructure. FMCG, FMCD, BPO / ITES and energy sectors are expected to slow down in the recent months.

* Travel, hospitality, agriculture, agricultural chemicals, educational services etc. can be substantially reduced.