Economists and job market experts are of the opinion that the recent/continuing rise in the number of Covid-19 infections in the country and fears of a possible fourth wave is not likely to deter companies strengthening their teams in the near-term amid pickup in business activity, rise in consumption, and reopening of offices, educational institutions and business establishments, with the uprise in Online Learning/Micro Learning/ Mobile Learning/Upskilling platforms.

India’s blue collar job market showed a robust, sturdy and vigorous growth of 73% in vacancies in Jan-Mar of last fiscal (FY22) compared to the previous quarter, according to data from Qjobs, a part of Quess Corp. There were more than 2 million blue and grey collar job vacancies registered on the Qjobs platform in the fourth quarter (of 2021) reflecting an improved market sentiment, driven by increased consumer buying and revival of business activities that led to an increase in demand for manpower across various sectors in major industries.

Retail and banking and financial services (BFSI) sectors witnessed a sharp rebound in business across India. Data showcases most Tier-II and Tier-III cities recording a continuous recovery in hiring across sectors/industries. Top sectors included BPO/customer care, delivery, data entry/back office, field sales, and retail/counter sales categories (Ref: Economic Times).

Grey collar refers to workers not classified as white or blue collar and have specialized technical skills.

The macro indicators such as rising interest rates, runaway inflation, supply chain issues and the war in Ukraine are flashing red and companies are keeping a close watch on these aspects, the micro dynamics aspects are enforcing every sector to deal with sudden fluctuations in demand, rising attrition and potential opportunity cost of lost business. Hence, consumption spikes have been seen across segments due to revenge consumption or FOMO (fear of missing out), especially at the higher segment in categories ranging from white goods, automobiles, and housing, and a few more segments. Hence, positive near-term indicators such as increased mobility, relatively strong corporate balance sheets and higher medium-term growth trajectory are forcing companies to have adequate manpower despite the sword of the fourth wave hanging.

Upskilling the Frontline Workforce (hence) has always been a challenging and tedious task at very many Small, Medium and Large Organizations/businesses, to keep up with the Standard-Operating-Procedures and abreast with the ever-changing policies, regardless of colors of collars (Blue/Grey/White).

Role of mPowerO:

Focus SkillPro has developed mPowerO, which is India’s FIRST AND ONLY COMPREHENSIVE E-LEARNING PLATFORM that enriches the learning experience of the learners –whether in employability skills, communication and life skills, schooling, college education and for employee training.

mPowerO is the only e-Learning platform that has been successfully deployed by various State Govt Skill Missions (SRLMs) to ensure quality training at scale even prior to the onset of the Covid-19 pandemic.

Focus SkillPro’s associate company, SkillPro Edutech India Pvt Ltd is a Premium Partner of NSDC (National Skill Development Council) and many Sector Skill Councils.

Focus SkillPro implemented large-scale vocational and technical skill development and education projects by leveraging mPowerO/. In addition, Focus SkillPro and the SkillPro Group is implementing many eLearning and eSkilling projects for some of India’s leading corporates off the mPowerO platform.

SkillPro is in business since 2008, trained 2,50,000+ youth, 5000 trainers in rural and urban areas across 18 states through multiple centers in India on multiple livelihood skills.

For upskilling Your Frontline workforce, mPowerO provides continuous support and is an end-to-end offering to Online Learning Platforms/Solutions, Digital Publishing Solutions, Upskilling/ReSkilling and Skilling training opportunities for medium to large Organizations/Enterprises.

Talk to our expert team members for a deeper understanding and more related information.

Reach out via email at info@mpowero.com or visit us at https://www.mpowero.com/ for more information.

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