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More twinge ahead: why the coming financial year would be a muted one for employees

Stock prices are a leading indicator and employment trend is a lagging pointer to a sector’s health. An ET Prime study of listed companies from banking, commodities, auto, software, and pharma spots a strong correlation between employment and stock-price movements. The steep stock price decline in FY20, particularly in March, indicates a tough time for employment in FY21.

Jobs

More twinge ahead: why the coming financial year would be a muted one for employees

Stock prices are a leading indicator and employment trend is a lagging pointer to a sector’s health. An ET Prime study of listed companies from banking, commodities, auto, software, and pharma spots a strong correlation between employment and stock-price movements. The steep stock price decline in FY20, particularly in March, indicates a tough time for employment in FY21.

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