Working women in India are likely to be twice as worried about the availability of jobs compared to working men, a study has found.
The LinkedIn Workforce Confidence Index showed that working women are also four times less confident compared to working men.
Over 1,800 professionals were surveyed between May 8 and June 4. The findings suggest that working women and Gen Z were most vulnerable to economic uncertainties triggered by the COVID-19 pandemic. It also shows that after peaking in early March, India’s overall workforce confidence has declined to a composite score of +54 today from +58 in March.
The individual confidence index (ICI) scores of working women saw a four-time decline compared to working men post the second COVID-19 wave. It fell from +57 in March to +49 in early June for women as compared to +58 in March to +56 in June for men.
The findings of the survey further state that India’s female professionals are approximately twice more likely to be worried about the availability of jobs, their professional network, and time devoted to job seeking, as compared to their male counterparts.
This has also dented their overall financial stability. It is seen that one out of four working women is worried about growing expenses or debt, in comparison to just one in 10 working men.
Professionals engaged in creative fields like entertainment, design, and media and Communications have exhibited a fall in confidence and have said that they are uncertain about the future of their employers.
On the other hand, as several pockets of the economy are on their way to re-opening gradually, people employed in software and IT and hardware and networking show a boost in confidence when it comes to the future of their organisations.
(Edited by : Kanishka Sarkar)