As per the Naukri JobSpeak Index, hiring activity went from 1727 in November 2020 to 1972 in December 2020 witnessing a 14% rise which shows India is on its way to recovery from the impact of the Covid-19 pandemic on the jobs and hiring scenario.
Also, at a Y-O-Y level, the overall hiring shows a decline of only 10% in December 2020 the lowest Y-O-Y decline in the post-Covid-19 months.
Referring to the report, Pawan Goyal, Chief Business Officer, Naukri.com said, “2020 was a year of challenges and hiring across key industries bore the brunt of the pandemic. While hiring in AMJ’20 was down by 56% compared to last year, subsequent quarters showed a steady recovery.”
“Y-O-Y hiring in OND’20 is down by only 18%. This improvement is led by sectors such as IT, BPO/ITES, Medical and Pharma,” he added.
Source: India Today
