More Indians turn entrepreneurs as job market still bleak

While the job market still looks bleak in India after a pandemic-hit 2020, the world’s professional network LinkedIn said on Wednesday it has seen a 10 per cent growth in members with the title ‘founders’ or ‘co-founder’ on their profiles on the platform.

“This uptick in new entrepreneurs was particularly strong in the fields of mental healthcare, e-learning and online media,” according to the latest LinkedIn ‘Workforce Confidence Index’.

“Skills are expected to become the new professional ‘currency’ this year as workers from different generations rely on learning new skills to future-proof their careers, at a time when industries continue to strengthen their remote operations,” said Ashutosh Gupta, India Country Manager, LinkedIn.

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