Wednesday, May 12, 2021
Home Business Hiring Activity In India Saw A 14 Percent Jump

Hiring Activity In India Saw A 14 Percent Jump

Within metros, Pune and Delhi led the sequential recovery at more than 18 percent and 16 percent increase in hiring

Hiring activity in India saw a 14 percent jump in December as compared to the previous month, signaling a clear recovery of the job market in the post-Covid months, a new report said on Thursday. The overall hiring at year-on-year level showed a decline of only 10 percent in December, according to ‘JobSpeak’ report.

The hiring in the insurance sector grew by more than 45 percent in December, as Indians felt the need for securing their health and businesses in the post-Covid era. The auto and ancillary sector (33 percent) continued to register growth in sequential hiring with increased consumer demand during the year-end period. Other key sectors such as BFSI (+18 percent), Pharma/Biotech (+28 percent), FMCG (+21 percent), and IT-Software (+11 percent) too have shown positive growth in hiring.

Follow NewsGram on Facebook to stay updated.

“Key sectors like hospitality, travel, auto, and retail are still bouncing back, and the sequential numbers reassure us of robust recoveries in 2021,” said Pawan Goyal, Chief Business Officer, “As we look forward to a brighter year ahead, the overall hiring sets in the right direction for the closing month.”

Key sectors like hospitality, travel, auto, and retail are still bouncing back. Flickr

Within metros, Pune and Delhi led the sequential recovery at more than 18 percent and 16 percent increase in hiring, respectively, followed by Kolkata (+14 percent) and Mumbai (+10 percent).

ALSO READ: Study: Gut Microbe May Promote Some Breast Cancers

Coimbatore saw the highest hiring growth of +30 percent among Tier-2 cities, followed by Ahmedabad at +20 percent and Jaipur at +15 percent in December. In fact, the hiring of professionals in the hotels/restaurants domain also saw an uptick of 13 percent sequentially, indicating the revival of the sector.

Hiring activity in the month of December declined by 10 percent vs the last year, the findings showed. While Bengaluru (-1 percent), Pune (-2 percent), and Hyderabad (-5 percent) were less impacted given the growing demand for IT professionals in the virtually connected world, cities such as Mumbai (-25 percent) and Delhi (-18 percent) saw a decline in hiring activity in December as compared to the same month last year. (IANS)



Most Popular

Swami Ghanananda: An Ethnic African Who Built Africa’s First Hindu Monastery

By- Khushi Bisht Hinduism, also known as Santana Dharma (Eternal Religion), is believed to be the world's oldest religion. After Islam and Christianity, it has...

Over 90% Of Indians Feel Included In Video Calls; Say It Improves Mental Health

Around 90 percent of respondents feel that video calls have helped them to combat feelings of loneliness amid the pandemic, a report said on...

The History Of Tattoos

BY- JAYA CHOUDHARY In 1991, two German hikers came across a man whose body had been preserved in a glacier for 5000 years. Otzi the...

How Does The Body React When You Are Diagnosed with Covid-19?

By Himani Rathore The recent coronavirus pandemic has taken a severe toll on the mental and physical health of individuals the world over. With its...

The Jobs Market Is Constantly Evolving – Are You Keeping Up?

By Melinda Smith Leech collectors, alchemists, ten-pin bowling pinsetters, toad doctors, clock keepers, street lantern lighters, and town criers. These are all professions that were...

‘Free Jabs, Rapid Testing Must To Fight Covid In Rural India’, Says Health Expert Poonam Muttreja

Free or subsidized testing, treatment, and vaccination along with the provision of uninterrupted essential health services are essential to fight Covid-19 in rural India,...

What You Need To Know Before You Start Gambling Online

By Rajesh Chakrabortty Online gambling has been on the rise lately, and rightfully so. People are seeking ways to make some more money, and online...

Online Education Platform By Professional Turns Boon For Students

Necessity is the mother of invention is the common saying, but for Satish, Sherry, Feroze, and Shyam, presently in Thrissur, Muscat, Boston, and New...

Recent Comments