The Indian job market is improving slowly and steadily over the past few months after declining by over 60% in April’20 and May’20 Y-O-Y, owing to the pandemic.
The Indian job market is improving slowly and steadily over the past few months after declining by over 60% in April’20 and May’20 Y-O-Y, owing to the pandemic. Even though the market witnessed a steady M-OM recovery, the effect of the pandemic is still evident in Y-O-Y growth. As organizations are re-aligning to the new normal, they are anticipating an upsurge in the demand for the right talent to tackle challenges that the post-pandemic world would bring.
One-fifth of recruiters foresee hiring bouncing back to pre-COVID levels within the next three months, as per the Naukri Hiring Outlook survey done in Sept’20. Another 26% predict 3-6 months while 34% said that it would take their organizations 6 months to 1 year.
Source: Zee Business
