According to a report, recruitment activity grew 26 per cent year-on-year in November due to strong demand in the retail and hospitality sector. Jobs The start of the festive season marked the return of the retail sector – showing 47% year-on-year (YoY) growth in November, reports Jobseek.com.
According to Jobseek, with 2,173 job listings in November 2021, the hiring activity across India grew by 25.82 per cent year-on-year (YOY).
Naukri JobSpeak is a monthly index that calculates and records hiring activity based on job listings on the Naukri.com website, month by month.
According to the report, another sector that benefited from the festive season was hospitality/travel, which registered a year-on-year growth of 58%. The telecom sector also continued its upward trajectory, growing at 91% annually.
Annually, the demand for senior professionals with 8-12 years of experience saw a maximum growth of 37% in November 21.
The education sector (+54%) experienced an uptick in hiring as schools reopened.
Hiring activity also increased in key job generating sectors – IT-software (+50%) and banking/financial services (+30%) in November’21 as compared to November’20.
The index also registered growth in the FMCG (+6%) and medical (+3%) sectors.
The average YOY growth recorded in metro cities was 39% while non-metropolis grew at a slower pace of 16%. “The sustained growth of IT-software and BFSI sectors has enabled metro cities to outperform their Tier-II counterparts in the annual growth charts,” the report said.
Bengaluru (+49%), Hyderabad (+47%), and Pune (+47%) registered the highest growth in November’21. Recruitment was also positive in Mumbai (+36%), Delhi/NCR (+34%), and Chennai (+35%), while Kolkata (+23%) saw relatively slow growth.
Among non-metropolitan cities, Ahmedabad (+61%) saw the maximum growth in November ’21, followed by Coimbatore (+28%).
“Being two of the worst-hit sectors of the pandemic, the hospitality/travel and retail industries have stood out in their recovery. Riding the festive wave in the last few months, these sectors have grown by 63% and 56% annually from Sep’21-Nov’21,” commented Pawan Goyal, Chief Business Officer, Naukri.com.
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