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White-collar gig jobs skyrocket 184%

Overall hiring in India up 3% in Feb, March; Gig workers’ share in total workforce widens to 21%: Report

White-collar gig jobs skyrocket 184%

New Delhi: India saw a three per cent monthly rise in hiring in the months of February and March, as white-collar gig jobs skyrocketed 184 per cent (year-on-year), a report showed on Tuesday. Additionally, gig workers, representing a vital workforce segment, expanded by 21 per cent over the same period, highlighting companies’ increasing reliance on freelancers and independent contractors to meet business needs, according to the report by foundit (formerly Monster APAC & ME).

The IT sector is at the forefront of the gig boom and the share of IT software in the gig economy has nearly doubled, jumping from 22 per cent in March 2023 to a dominant 46 per cent in March this year.

“Delhi, Bengaluru and Mumbai are paving the way for gig jobs. We expect the gig economy to grow even more in the next few months, so it’s prudent for job seekers to equip themselves with relevant skills,” said Sekhar Garisa, CEO, foundit.

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