IT Hiring Boom: July Sees 10% Surge in Job Mandates, Unleashing New Opportunities!

After months of slowdown in technology hiring, the IT sector is To end with a bang seeing some positive signs of recovery. According to staffing companies, there has been a 10% increase in In essence hiring requirements in July compared to the previous month. This increase indicates good news for the IT sector and suggests a pick-up in demand in the coming quarter after a long lull.

However, experts predict that headcount growth will only be reflected in the October-December quarter. The increase in demand is primarily led by companies that have better visibility into future demand. Despite this rebound, the recovery rate remains slower than anticipated and significantly lower than the peak demand seen in 2021.

Source: Compsmag

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