Sanjay Goyal, Business Head, TimesJobs and TechGig said, “The growth in talent demand is an encouraging sign for the economy. January 2020 kick-started with growth in talent demand.
RecruiteX – TimesJobs’ recruitment index – registered12% M-o-M and 4% Y-o-Y growth in talent demand in January 2020. This trend marks the starting of the New Year on an optimistic note and brings the much-awaited cheer in the Indian job market.
The RecruiteX January 2020 edition saw FMCG and Healthcare sectors posting the maximum talent demand in the said period. TimesJobs RecruiteX is a monthly recruitment index that records the demand and supply of talent at India Inc.
The Year 2019 saw many spells of active and subtle hiring periods at the India Inc. With the year 2020 unfolding, a 12% M-o-M and 4% Y-o-Y uptick in the talent demand indicates that the corporates have a positive hiring outlook for the Year 2020.
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Commenting on these findings, Sanjay Goyal, Business Head, TimesJobs and TechGig said, “The growth in talent demand is an encouraging sign for the economy. January 2020 kick-started with 12% M-o-M and 4% Y-o-Y growth in talent demand, indicating ‘Good Days’ ahead for the Indian Job Market. With Engineering roles being most in demand, and FMCG sector posting the highest talent demand, we can conclude that presently the market has an abundance of IT, and related roles. I hope this momentum continues for the entire year 2020”.
Source: Business World