White Collar Hiring Up By 40% In May; Tourism, Travel Witness Big Traction

Mumbai: The white-collar job market in India witnessed a strong recovery in May, as recruitment activity across major industry sectors increased by 40 per cent compared to a year ago, with a particular surge in travel and hospitality in the wake of the summer vacation. , According to the latest data from the jobs portal Naukri.com. According to Naukri.com’s Jobspeak Index, the industry has seen a fourfold year-over-year increase in recruitment in May, when travel was hit amid the second wave of the coronavirus epidemic. “The +40 per cent YOY growth in May’22 will remain a surge in recruitment activity,” a report released Friday said.Also Read – Design Curriculum to Help Students Find Employment: Bengal Minister for Education Institutions

The key areas for growth were travel and hospitality (+ 352% year-on-year), retail (+ 175%), real estate (+ 141%) and insurance (+ 126%). Banking and Financial Services (+ 104%), Education (+ 86%), Automobile (+ 69%), Oil & Gas (+ 69%), Fast Moving Consumer Goods (+ 51%) and IT-Software Software services (+7 percent) sectors have seen an increase in recruitment trends. Also Read – ITBP Recruitment 2022: Register for Assistant Sub-Inspector Posts from June 08 to 38 | Read the details here

Naukri Jobspeak is a monthly index that calculates and records recruitment activity based on job listings on its website on a monthly and annual basis. Data has been compiled based on the jobs posted by over 76,000 clients and shows recruitment trends across industry sectors, geography and experience levels. See also – From mountains to beaches: 5 places to visit near Kolkata for a quick weekend getaway

Compared to last month, all major sectors have shown stability and continue to maintain April run rates in May, the report said.

The report noted that demand for talent in metro and non-metro remained steady, as all cities reported year-over-year growth in recruitment in May. Of the metropolis, Delhi (63 per cent) recorded the highest YOY growth followed by Mumbai (+61 per cent). Other cities, such as Kolkata (+ 59%), Chennai (+ 35%), Pune (+ 27%), and Hyderabad (+ 23%), also showed positive growth.

The hiring sentiment is “optimistic” in all Tier-II cities, with Jaipur leading the growth in talent demand (+76 per cent). Coimbatore (+ 64%), Vadodara (+ 49%), Cochin (+ 35%), Ahmedabad (+ 26%), and Chandigarh (+ 25%) have shown growth.

The demand for talent at all experience levels has shown growth. Demand for entry-level talent (0-3 years) exhibited a steep rise of 61 percent in May from a year ago. 4-7 years (+37 percent), over 16 years (+27 percent), 13-16 years (+26 percent) and 8-12 years (+ 22 percent). On a month-to-month level, the demand for all experienced bands is constant.

Leave a Comment