Business
October 2, 2023
3 min

India’s new frontline jobs declined to 6.6 mn in FY23 due to macroeconomic headwinds, says report - Business Today

The creation of new frontline jobs in India declined by 17.5% in FY23 due to macroeconomic challenges, according to a study by BetterPlace. The report found that demand from e-commerce fell by 52% last year, while the logistics and mobility industry saw the highest increase in employment. The trend towards gig work has resulted in an increase in women's participation in the workforce. Average monthly salaries for frontline workers decreased by 4.5% to Rs 21,700, with the IFM&IT sector offering the highest salaries. Karnataka surpassed Maharashtra as the largest contributor of frontline workers.

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Adhikansh Gupta
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Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry