New Delhi: A latest report on India’s job market has reflected an impressive recovery post-Covid months as hiring process in the nation has seen a 14 per cent spike in December as compared to the previous month. As per the report by Naukri.com ‘JobSpeak’, the overall hiring at year-on-year level, however, showed a decline of only 10 per cent in December. Also Read - This Company is Paying its Employees ₹ 4 Lakhs for Just Wearing Slippers 12 Hrs a Day
The hiring in the insurance sector grew by more that 45 per cent in December, as Indians felt the need for securing their health and businesses in the post-Covid era. The auto and ancillary sector (33 per cent) continued to register growth in sequential hiring with increased consumer demand during the year-end period. Also Read - Indian Army 2021: Apply For 194 Religious Teachers Post At joinindianarmy.nic.in NOW
Other key sectors such as BFSI (+18 per cent), Pharma/Biotech (+28 per cent), FMCG (+21 per cent) and IT-Software (+11 per cent) too have shown positive growth in hiring. Also Read - Rajasthan RSMSSB Forester & Forest Guard Recruitment 2021: 1128 Vacancies Notified | Check Details & Apply ASAP
“Key sectors like hospitality, travel, auto and retail are still bouncing back, and the sequential numbers reassure us of robust recoveries in 2021,” said Pawan Goyal, Chief Business Officer, Naukri.com.
“As we look forward to a brighter year ahead, the overall hiring sets in the right direction for the closing month.”
Within metros, Pune and Delhi led the sequential recovery at more that 18 per cent and 16 per cent increase in hiring, respectively, followed by Kolkata (+14 per cent) and Mumbai (+10 per cent).
Coimbatore saw the highest hiring growth of +30 per cent among Tier-2 cities, followed by Ahmedabad at +20 per cent and Jaipur at +15 per cent in December.
In fact, hiring of professionals in the hotels/restaurants domain also saw an uptick of 13 per cent sequentially, indicating the revival of the sector.
Hiring activity in the month of December declined by 10 per cent vs the last year, the findings showed.
While Bengaluru (-1 per cent), Pune (-2 per cent), and Hyderabad (-5 per cent) were less impacted given the growing demand for IT professionals in the virtually connected world, cities such as Mumbai (-25 per cent) and Delhi (-18 per cent) saw a decline in hiring activity in December as compared to the same month last year.
(With IANS inputs)