There is a rising optimism in India towards job security as businesses have slowly been opening, according to the seventh edition of the Workforce Confidence Index, a fortnightly pulse on the confidence of the Indian workforce by professional network LinkedIn.

The survey has responses from 1,303 professionals in India.

According to the report, there is a modest increase in India’s overall workforce confidence, which reflects in this fortnight’s composite score of +50 (up from +48 in June 1-14). This growing confidence comes at a time when the economy continues to reboot, thus sparking hiring prospects across varied industries such as e-commerce, IT services, insurance and gaming.

In fact, the economic repercussions of the pandemic have also urged businesses to innovate their offerings to lead through change, thereby stimulating job creation across sectors.

The lifting of the lockdown in several states and the continued adversities caused by Covid-19 have instituted a new set of workforce demands, thus creating new economic opportunities across the country’s industrial landscape. This uptick in hiring has fuelled the confidence of active job seekers towards career progression as findings show that about 2 in 3 professionals will increase their time spent searching for (66%) and applying to (64%) jobs in the next 2 weeks. Findings also highlight the active job seekers’ clear intent to upskill today for a safer tomorrow as 68% say they will increase their time spent on online learning to harbor long-term job security and career progression.

To understand how this optimism towards job security differs across seniority levels, the index also captured responses from professionals with varied work experience levels. Findings state that decision makers appear to be more confident about their job security when compared to their junior workers. Only 1 in 4 senior professionals said they would increase their time spent on searching for jobs in comparison to almost half (45%) of the junior workforce. Further reinforcing the confidence of senior executives towards job security, findings showed that only 16% of director+ professionals (decision makers) would increase the number of jobs they apply to, when compared to 48% of the junior workforce.