Women, youth participation in Indian workforce increased in 2024: Report

India in 2024 saw a boom in employment rates with women and youth leading the charge in workforce participation according to a reportThe report by Apnaco a job and professional networking platform showed women contributed an impressive 28 crore job applications 20 per cent higher than in 2023 Similarly the youth posted a 27 per cent yearonyear increase in job applicationsWomen contributed an impressive 28 crore job applications out of a total of 7 crore a 25 per cent yearonyear surge in 2024Flexible work opportunities genderfocused initiatives and the expansion of womenled sectors like ecommerce and healthcare are the primary drivers behind the growth noted the reportWomen excelled across sectors like healthcare hospitality retail and ecommerce and embraced unconventional roles such as field sales logistics and security services Applications for senior and managerial roles surged by 32 per cent signaling womenrsquos growing influence in shaping Indiarsquos newage workforceTier 1 cities like DelhiNCR Bengaluru and Mumbai led this surge with 152 crore applications while Tier 2 and Tier 3 cities like Jaipur Lucknow and Bhopal contributed 128 crore marking a significant rise in opportunities beyond metro hubs the report saidFurther the report noted that Indias fresher job market is also thriving with a 27 per cent yearonyear increase in job applications crossing 2 croreHighgrowth sectors like IT mobility retail BFSI and services are driving demand as young professionals propel innovation and expansion Urban hubs like Chennai Bengaluru and Hyderabad contributed 60 lakh applications while regions like Punjab Uttar Pradesh Rajasthan and Bihar added 82 lakh showcasing a balanced regional contributionMeanwhile online job postings rose by 20 per cent YoY with over 12 lakh openings in 2024 This was driven by digital adoption growth in the Small and Medium Business SMB sector and business expansion into Tier 2 and Tier 3 cities said the report Key industries like BFSI retail healthcare and logistics created unprecedented demand shaping Indiarsquos evolving and resilient job marketIndiarsquos SMB sector comprising over 63 million enterprises remains a key economic driver contributing 30 per cent to GDP and employing millions nationwideThe hiring boom is also powered by AIdriven recruitment technologies with 45 per cent of SMBs adopting AI in hiring This enabled the creation of 24 lakh job postings reducing talent search time by 30 per cent and hiring costs by 25 per centAlso ReadIndian women leading 18 percent of 111 unicorns in India Finance Minister Nirmala SitharamanThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever