Employment Generation At Over 7% Likely

Bengaluru: India will see a promising 7.1 per cent net employment growth rate in the second half of FY25, according to a report on Monday.

The report by TeamLease Services, a people supply chain company, showed that the job growth rate in the country has surged from 6.33 per cent in the previous half-year, and reflects the collective outlook of 59 per cent of employers planning workforce expansion. An additional 22 per cent are also maintaining their current staffing levels, even as 19 per cent foresee reductions, it said.