KOLKATA: Education and Legal industries lead while Hardware & Networking lags in terms of net people movements into each industry, the inaugural LinkedIn Workforce Report (Professional Edition) for India, providing insights into the dynamics driving the talent ecosystem in the Indian economy, has revealed.

Overall, the report found that industry growth rates were lower on average compared to H1 2017.

In 7 of the 14 cities studied, Education led industry growth in H1 2018. Industries that also grew faster this period, albeit marginally, include Construction, Software & IT Services, Finance, Manufacturing, Corporate Services, Transportation & Logistics, Recreation & Travel and Health Care.

On the other hand, the Retail, Consumer Goods, Real Estate and Entertainment industries trailed, in line with weakening in the private services’ growth as observed in Q1 GDP data.

Of the job postings made by companies, those looking for Software Engineers had the highest share in H1 2018, followed by Application Developers, Solutions Consultants, Java Software Engineers, Business Analysts. In particular, job posts for Software Engineer were highest in 8 of the 14 cities included in the study.

The demand for tech-related jobs is reflective of several forces at work, including the digital transformation across industries to employ cloud, analytics, artificial intelligence and machine learning to increase productivity.

The top skills profiled for the top posted jobs in H1 2018 included a mix of core technical skills like coding and database querying as well as key soft skills like Management, Leadership and Team Management.

A consumer oriented economy, as shown by this report’s data on job postings and occupations driving the growth of industries, explains the high demand of Management and Business Development skills nationally.

Top draw destinations for professionals in India were the United States, United Arab Emirates, Canada, Australia and the United Kingdom. In the other direction, migration from the United States, United Arab Emirates and United Kingdom into India were also the highest.

In particular, the United States-India corridor witnessed the highest volume of talent migration in both directions in H1 2018. However, in-demand talent exchange was greatest between Australia and India.

As a result of cross-border migration of talent, India saw a net outflow of digital skills and a net inflow of skills related to the Oil & Gas industry.

Within India, migration into the commercial and national capitals were highest from satellite and neighboring cities. In H1 2018, some of the most in-demand migration corridors for tier-1 cities were with Kalyan, which emerged as the top city gaining talent in H1 2018, followed closely by Bengaluru. An in-demand migration corridor indicates the movement of professionals into the top-10 most posted jobs of the destination region.

Commenting on the launch of the report, Olivier Legrand, Managing Director, Asia Pacific and Japan, LinkedIn said, “India’s growing workforce is one of the country’s most valuable assets driving the economy. In this country where more than 10 million new graduates enter the workforce every year, and where the skills required to stay employable and relevant continue to evolve rapidly, the labour market will need to adapt to stay efficient.”

The report analysed a vast set of anonymised and aggregated data on the platform, which includes 50 million members, 50,000 skills and 1 million companies in the country to highlight key trends such as jobs / skills that are most sought after and geographies where job opportunities are.

LinkedIn’s bi-annual report comprises a National section and a Regional section. The latter provides insights into localized trends in each of 14 of the largest Indian metro areas: Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, New Delhi, Pune, Chandigarh, Gurugram, Jaipur, Kalyan, Kochi and Noida.

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