Improvement Of 24% In India’s Hiring Activity In September Compared To A Month Before That

Driven by industries like pharma, fast-moving consumer goods, education and IT, hiring activity in India saw a growth of 24 per cent in September compared to the previous month, a report by job portal Naukri revealed on Monday.

Further opening up of the economy with unlock measures and increased mobility has led to an improvement in hiring activities in industries like real estate, auto/ancillary and hospitality/travel versus August, revealed the Naukri JobSpeak Index for September.

Key industries such as business process outsourcing (BPO)/IT enabled Services (ITeS) and banking and financial services continue to post robust growth sequentially, said the report.

“While the hiring is yet to touch last year levels and is down by 23% in Sept’20 versus Sept’19 but this is also a marked recovery from a 35%-60% decline that we have witnessed in the last few months,” Pawan Goyal, Chief Business Officer, Naukri.com, said in a statement.

Source: India Times

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