Mumbai: Recruitment activities expanded 43 percent year in October were driven by strong demand for technology professionals, according to a report.
According to the report Naukri Jobspeak, with 2,523 job lists on October 2021, there was a growth of 43 percent year-to-year (Y-O-O).
However, in sequence there was a decrease of 8.35 percent because the total number of work lists was 2,753 on the portal in the previous month.
Safe! You have managed to throw your voteogin to see the results of Naukri Jobspeak is a monthly index that calculates and records recruitment activities based on the list of jobs on the Naukri.com website on the month.
The next report stated that the demand for technology professionals continued to soar because this sector witnessed a significant growth of Y-O-Y to October.
The upcoming 5G launch and related services coupled with the incentive scheme related to government products (PLI) and recent assistance packages for players in the field have increased employment opportunities in the telecommunications sector / ISP which grew in October, which was observed.
Recruitment activities have also been picked up in sectors such as retail (51 percent) and hospitality / travel (48 percent) with an ongoing holiday season, opening large offline outlets and peak sales seasons for e-commerce retailers.
Other sectors such as education / teaching (41 percent) and banking / financial services (39 percent) also experienced growth compared to October 2020.
IT-Software / Software Services Growth has enabled Metro City to outperform their level II colleagues in the annual growth chart.
The average Y-O-Y growth recorded in Metro cities is 59 percent while non-metros grows slower than 30 percent.
Bengaluru (84 percent), Hyderabad (80 percent), Pune (69 percent) and Chennai (57 percent) recorded the highest Y-O-Y growth in October 2021.
“Overall recruitment activities in India once again surpassed the pre-pandemic level in October 2021.
Sectors such as hospitality / travel and retail, the most affected during peak pandemics, has outperformed other main sectors that entertain job seekers throughout Negeri, “Naukri Business Officer .com Pawan Goyal added.
Recruitment activities in India grow by 43 pc every year in October: Reports
