On Tuesday, the labor ministry announced that as many as 35.7 lakh vacancies were registered on National Career Service (NCS) in 2022-23, which is a record so far.
Transformation Of the National Employment Service
With this initiative, the Ministry of Labour and Employment is implementing the National Career Service (NCS) Project as a Mission Mode Project.
This initiative is for the transformation of the National Employment Service to provide a variety of employment-related services like job matching, career counseling, vocational guidance, information on skill development courses, internships etc.
For the unawares, these services under NCS are available online as they are dedicated to the nation by the Prime Minister when it was launched in 2015.
Huge Improvement in Vacancy Reporting
For the 2022-23, NCS portal has registered the highest vacancies since its launch,as per the statement given by a labor ministry.
During this period, around 35.7 lakh vacancies have been reported by employers on NCS compared to around 13 lakh vacancies in 2021-22.
All in all, the reporting of vacancies on NCS in 2022-23 has shown an increase of 175 percent as compared to 2021-22.
In addition to this, 2022-23 has also witnessed the highest active vacancies count of more than 5.3 lakh on October 30, 2022.
Interestingly, the increase in vacancy posting on NCS has been observed across all sectors during this time.
A phenomenal growth of more than 800 percent is witnessed by the finance and insurance sector by registering 20.8 lakh vacancies during 2022-23 compared to 2.2 lakh vacancies in 2021-22.
Besides finance and insurance, the vacancies in the operations and support sector have also registered a growth of 400 per cent, with 3.75 lakh vacancies reported in 2022-23 against 76 thousand in 2021-22.
During 2022-23, the vacancies in other sectors such as Hotels, Food Service and Catering, Manufacturing, Health and Education, among others, also significantly increased compared to the previous year.
This period has also achieved a milestone of registering more than 1 million employers on the NCS portal since its launch.
It is noteworthy here that out of the total registered employers, more than 8 lakhs employers were registered during this time only.
Notably, the maximum registrations of employers were from the service sector (6.5 lakh), followed by the manufacturing sector.
Please note here that all the services available on the NCS portal are free of cost for all stakeholders, including jobseekers, employers, training providers and placement organizations.
