Hiring momentum seems to be stabilising with the overall job openings in November remaining largely the same as in October at 1,00,000 openings. However, the contribution of full-time opportunities dropped to 90% from 95% in October 2020, as contract hiring picked up during the month.
The count of jobs that were active, refreshed and accepting applicants in November 2020 marginally dropped to 2,70,000 mark, as against 2,75,000 in October, data compiled by Bengaluru-based specialist staffing firm Xpheno, shows.
“The 2,70,000 numbers registered in November sustains the V-shaped recovery witnessed in the job market. June 2020 can now well be declared the lowest point of dip in the V-shaped drop and recovery,” Kamal Karanth, co-founder, Xpheno observed. There were 1,67,000 openings recorded in June 2020.
Source: Financial Express
