More than half of India’s workforce is bored with their current jobs: Indeed Hiring Tracker

New findings from Indeed’s October’22 - December’22 quarterly hiring tracker shares insights on the jobs landscape in 2022 and the expectations of jobseekers and employers for 2023. 

Indeed’s data shows that more than half of all the employees (57%) are unenthusiastic or bored about their current jobs with over 50% of employees preparing for new opportunities by reskilling/upskilling. 28% of those who are looking for jobs have said that they will prioritize happiness and flexibility and 19% have indicated that a good work life balance is a priority.  

An overwhelming proportion of jobseekers (65%) believe that the ongoing layoffs may hinder their willingness to go the extra mile in their jobs. Given the market uncertainties and economic climate, jobseekers are hesitant in their current work, demotivated by layoffs and are not willing to fully commit to their current job as well.

Hiring sentiment for 2023

Employers are optimistic about their hiring activity during 2023 – with 45% of employers surveyed foreseeing upto a 20% increase in hiring. Employers feel that inflation (18% of employers) and ongoing layoffs (15% of employers) are things to be on the lookout for in 2023 respectively.