- Friday, April 26, 2024
By: Shubham Ghosh
HIRING saw an overall four per cent sequential growth in India in July and the uptick was seen across metros in India, a report has said.
Compared to June, July saw a significant overall monthly growth of four per cent in hiring across all metros, Monster Employment Index by Monster.com, a source for jobs and career opportunities. The index is a comprehensive analysis of online job posting activity conducted by Monster India.
It also said that overall job postings have also gone up by eight per cent year-on-year in July, suggesting an optimistic outlook for the coming months.
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The report also said that job postings saw a positive uptick in industries that previously experienced a slump because of the pandemic and they include: travel and tourism, office equipment and automation and real estate.
Job postings in travel and tourism saw a steep rise (month-on-month) at 16 per cent, giving a relief to the industry that has been spending sleepless nights for a while because of the pandemic and the lockdowns caused by it.
Other industries that also saw a month-on-month growth in postings in July were shipping/marine (14 per cent), office equipment/automation and real estate (both nine per cent).
Industries like government/defence (one per cent) and media and entertainment (three per cent) saw a decline in hiring activity, it said.
City-wise, job postings grew in Delhi-National Capital Region (eight per cent), Pune (seven per cent), Hyderabad (seven per cent), Chennai (six per cent) and Bangalore (six per cent) in July. Ahmedabad (two per cent) and Baroda (one per cent) saw a low monthly hiring activity while Jaipur remained stable.
Hiring in intermediate roles (4-6 years), mid-senior professionals (7-10 years) and senior professionals (11-15 years) increased seven per cent, seven per cent and four per cent, respectively. The hiring of top management professionals (over 16 years) saw a muted monthly growth, the report said.
“Despite the challenges of Covid-19 and its impact on the hiring landscape, we have seen positive growth in job postings across most cities. Jobs in certain sectors such as tech and IT are booming, as companies come forward to boost their tech enablement and improve workforce efficiency. While some industries are doing better than others, we can be confident of seeing improvement in the coming months, given the active vaccination drives currently underway,” Monster.com CEO Sekhar Garisa was quoted as saying by Press Trust of India.
