White collar hiring in November has surged by 23 per cent, mainly led by non-IT sectors such as education, real estate, hospitality and travel, and insurance, says a report. October had registered a 9 per cent year-on-year decline in hiring due to advancement of Diwali dates this year while in November it rebounded with a 23 per cent growth, according to the Naukri JobSpeak Index report.
White-collar hiring witnessed an 8.6 per cent annual decline in September, following a negative trend in sectors including IT, BPO or ITES and FMCG, a report said on Monday. On a month-on-month basis, however, there has been a growth of almost 6 per cent in job postings. In September, there were 2,835 white-collar job postings, down by 8.6 per cent compared to the same month last year when 3,103 jobs were posted, according to Naukri.com's monthly 'Naukri JobSpeak Index'.
Year-on-year comparison shows a 14 per cent increase in hiring activity when compared to April 2013, the report said.
The Naukri Job Speak Index -- which tracks monthly hiring activities online -- stood at 1,300 showing a 1 per cent growth in hiring, when compared to October 2013.
According to the report, Naukri Job Speak Index stood at 1,600 for May 2014, a stable hiring scenario compared to the previous month.
Hiring activity in the country touched an all-time high in July, witnessing a 11 per cent sequential increase, indicating a strong revival of economic growth and a recovery of business from the impact of COVID-19, a report said on Friday. With 2,625 job postings, hiring trends grew 11 per cent in July compared with 2,359 postings in June, the highest it has ever been, including the pre-COVID-19 timeline, according to the report by Naukri JobSpeak. The Indian job market has witnessed sequential growth for the second month in a row, with a 15 per cent rise in June, after the pandemic-linked decline in April and May, it stated.
Recruitment activity in India is poised to improve this year, driven by sectors such as IT and ITeS, after hiring remaining largely unchanged in December from a month earlier.
The demand for professionals working in banking and insurance and production maintenance also saw the maximum dip during October.
Apart from the telecom and BPO sector, IT and banking sector and auto and pharma experienced significant year-on-year growth during August.
Leading job portal Naukri.com said that hiring trends were better last month compared to January.
While Chennai reported the least hiring activity, cities like Mumbai and Delhi also saw a dip of 5 per cent from its February performance.
For the month of September, the Naukri JobSpeak index stood at 1131, down 1.2 per cent compared to August, and registering a 6 per cent fall over the last three months.
The monthly Naukri Job Speak Index rose by two per cent last month as compared to April, indicating that hiring sentiment remains healthy.
The Naukri Job Speak index -- that indicates hiring activities online -- employment levels for India Inc in March was down 1.1 per cent compared to February.
Was led by sectors like software services, BPO and pharma.
Corporate India's hiring activity surged 28 per cent in August this year, on the back of continued improvement in business confidence and country's robust economic growth, job portal naukri.com said in a report.
India Inc's hiring activity witnessed a marginal decline in the month of April, owing to the ongoing appraisal season, but overall industries are upbeat about their hiring sentiment and 2011 is expected to be a landmark year for job creation, job portal Naukri.Com says.
Last month, hiring trends were most bullish in the IT and auto sectors. Telecom and banking segments also saw improving recruitment activities.
Banking and IT lead; see September hiring rise 52%, 34% y-o-y, respectively.
Hiring activity in the country, which was hit by the second COVID wave, bounced back with a 15 per cent growth in June compared to May, according to a report. The activity was led by the IT-software/software services sector. The latest Naukri JobSpeak report on Thursday said that India's hiring trends grew 15 per cent in June with 2,359 job postings from 2,047 in May.
The Naukri Job Speak Index, which keeps a track of recruitment trends on a monthly basis, jumped 11 per cent to 1,749 last month.
With life returning to normalcy gradually, hiring activities grew 24 per cent in September as compared to the previous month mostly driven by pharmaceutical and education sectors, according to a report. At 1,755 job postings, there was an improvement of 24 per cent in hiring activities last month compared to August with 1,413 listings, according to the Naukri JobSpeak Index for September 2020
Non-IT sectors like industrial products, construction dominated the hiring trends.
In signs of sluggishness in the labour market, hiring activities declined in May as employers remained cautious tracking macro economic conditions.
The Naukri Job Speak Index for last month stood at 1,649, up 20 per cent compared to July 2013.
The Naukri Job Speak Index for March stood at 1,475, showing stability in hiring activity, when compared to the previous month.
Sector-wise, oil & gas witnessed monthly growth of 30 per cent in hiring while insurance sector registered an increase of 25 per cent compared to September.
Hiring has grown nine per cent this year. And the banking and IT sectors are leading the game.
The phased reopening and regulated relaxations of many key industries have paved the way for a slight recovery in hiring activities but hiring is still down by 47 per cent in July 2020 compared to the same month last year.
Hiring activities witnessed a moderate increase of 3 per cent in September with most of the sectors showing positive recruitment trends after a dip in the index the previous month, according to job portal Naukri.com said.
With economic activities gathering pace post easing of lockdowns across the country, hiring activities in most sectors have shown significant recovery in October over the previous month, says a report. On yearly basis, however, the overall hiring was down by 17 per cent in October, according to the Naukri JobSpeak Index for October' 2020.
Campus placements are already in full-swing and hiring plans of many companies, whose expansion plans were stuck due to policy paralysis, are now getting green signals.
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