MUMBAI: Hiring activities are steadily increasing in sync with the gradual unlock measures taken by the Centre and state governments, with a 12 per cent improvement in job postings at 1,413 in August as compared to the previous month, according to Naukri NSE 3.26 % JobSpeak Index.
The month-on-month (m-o-m) improvement in job postings indicates that hiring activities are in sync with unlock measures that are aimed at reviving the economic activities.
However, on a year-on-year basis, hiring is still down by 35 per cent in August, showed the Index.
The Naukri JobSpeak is a monthly index that calculates and records hiring activities based on the job listings on Naukri.com website month-on-month
Further, the Index showed that there seems to be no respite for the hospitality and travel industries, which continue to be the most impacted sectors with an annual decline of 80 per cent.
Oil and gas or power saw a decline of 59 per cent, retail 54 per cent and accounting or taxation or finance 46 per cent in hiring activities during August compared to the same month last year.
Source: The Economic Times
