India to witness less job churn in the next five years: WEF report

Report says social jobs grew at a slower pace than non- social jobs in India

Labour markets in India over the next five years are expected to witness a job churn lower than the global average, a recent report released by the World Economic Forum shows.

The report, “Future of Jobs”, which maps the jobs and skills in coming years and tracks the pace of change, says the Indian labour market will witness a 22 per cent job churn, compared to 23 per cent worldwide.

“Labour-market churn” refers to the expected job movement, including new roles being created and existing roles destroyed, as a proportion of current employment. This excludes situations where a new employee