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Hiring In India Up 24% In Sept

Author: Finapolis Network/Wednesday, October 14, 2020/Categories: National

Hiring In India Up 24% In Sept

New Delhi: India recorded a growth of 24 per cent in hiring during September 2020 when compared to August, but 23 per cent lower than September 2019, according to a latest report by job portal www.naukri.com, which attributed the reason to recovery in sectors such as pharma, fast-moving consumer goods (FMCG), education and IT segments. Metros, which were reeling under various lockdown measures earlier, have posted strong double-digit growth in the month of September Vs August with Pune leading the pack followed by Hyderabad and Chennai, while Bangalore is lagging with a 14 per cent growth. The job portal further observed that opening up of the economy with going Unlock 5.0, measures and increased mobility has led to an improvement in hiring activities in industries like real estate, auto/ancillary and hospitality/travel versus August, revealed the Naukri JobSpeak Index for September.

Key industries such as business process outsourcing (BPO)/IT enabled Services (ITeS) and banking and financial services continue to post robust growth sequentially, said the report. Pawan Goyal, chief business officer, Naukri.com, said in the report that “while the hiring is yet to touch last year levels and is down by 23 per cent in September 2020 versus September 2019, but this is also a marked recovery from a 35-60 per cent decline that we have witnessed in the last few months. Businesses that are leveraging digital channels for dissemination and consumption of goods and services are thriving and will continue to do so as we imbibe social distancing norms in our daily lives.” Tier-2 cities like Ahmedabad, Chandigarh and Jaipur have also seen a significant uptick in the hiring activities, according to Naukri.

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