Employees in India have the highest level of optimism about their careers, and nearly one in two youth believe the country’s economy would improve in the next 12 months, a LinkedIn study has revealed.
Indian employees’ optimism level has been followed by two other Asian nations Indonesia and China and was far higher than that in some of the world’s top job markets such as the United States, Canada and the United Kingdom.
Linkedin conducted a survey of 30,000 employees between the age groups of 18 and 65 across 22 markers for the LinkedIn Opportunity Index to determine the challenges and opportunities affecting workers across the world.
Among the seven metrics of optimism that the study analysed were the respondents’ perception of their country’s economy for the 12 next months, their financial position, and quality of life compared to their parents’ generation.
India tops the charts in the optimism level rankings with a score of 121, while the global average was found to be 100.
Moreover, the study showed that 50 per cent of Gen Z respondents and 48 per cent of millennials in India, as well as Indonesia and China, believe their nation’s economy would improve in the next 12 months, leading to a boost in their work prospects.
Other countries such as that of the United States was ranked eighth in the list with the optimism level at 104, countries like Canada, Germany, Malaysia and Singapore scored below 100.
India faces a severe economic slowdown coupled with decades-high unemployment and a slump in consumption, but the study reflects that the confidence in a quick turnaround remains high.
Centre has even pegged the GDP growth for FY20 at 5 per cent, the slowest pace in 11 years after the number fell to 4.5 per cent in Q2FY20, a multi-year low.
