The share of IT software in the gig economy has nearly doubled, jumping to 46 per cent in March 2024, from 22 per cent in March 2023. (Representative image)

The share of IT software program within the gig financial system has almost doubled, leaping to 46 per cent in March 2024, from 22 per cent in March 2023. (Consultant picture)

The report is predicated on an evaluation of match information from March 2023 to March 2024.

Hiring by Indian firms noticed a 4 per cent decline in March as in comparison with the identical month final yr, a report launched on Tuesday acknowledged.

Nonetheless, sequentially, there was a slight uptick of three per cent, reflecting an optimistic enterprise sentiment, the report by foundit Insights Tracker (match) mentioned.

The report is predicated on an evaluation of match information from March 2023 to March 2024.

The report revealed that white-collar gig jobs, or freelance work, noticed an 184 per cent enhance in comparison with the earlier yr.

This implies professionals’ rising desire for versatile, project-based work preparations, it famous.

Moreover, it acknowledged that gig staff, representing a significant workforce phase, have expanded 21 per cent over the identical interval, highlighting firms’ growing reliance on freelancers and unbiased contractors to fulfill enterprise wants.

The IT sector is on the forefront of this gig growth, as per the report.

The share of IT software program within the gig financial system has almost doubled, leaping to 46 per cent in March 2024, from 22 per cent in March 2023, it added.

“By way of our tracker, now we have observed that the metro cities of Delhi, Bengaluru, and Mumbai are paving the way in which for gig jobs as of now,” CEO of foundit (beforehand Monster APAC and ME), a Quess firm, Sekhar Garisa, mentioned.

(This story has not been edited by News18 employees and is revealed from a syndicated information company feed – PTI)

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