Booming Economy creating more Jobs

A recent ASSOCHAM report on jobs creation reveals that, the jobs creation in various sectors like healthcare, hospitality, IT and IT-enabled services (ITes) and media & entertainment is growing and expected to create 16 lakh new jobs in the current financial year.

Health care sector which is known as India’s largest service sector is expected to add 4,00,000 jobs by 2014. Domestic tourism is on the upswings, the sector is expected to add 3,50,000 jobs this year. IT & ITeS will witness 3, 80,000 more jobs by 2014. The companies are expected to be more stable in their hiring plans this year, as most of them have already factored in economic turbulence. Media and Entertainment industry is expected to grow from Rs 81,500 crore in 2010 to more than Rs. 1,25,000 crore by 2015.

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