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Hiring activity increases by 6% in January 2020 as compared to January 2019: Naukri JobSpeak

The major contributors to growth in hiring were industries like Accounting & Finance (37%), Education/Teaching (23%), Insurance (19%) and BPO/ITES (18%) . Demand for job roles in Teaching & Education (20%), BPO/ITES (17%), Accounting (14%) and Sales/Business Development (10%) also led to the overall uptick in hiring

Source | economictimes.indiatimes.com | Sreeradha Basu

KOLKATA: The Naukri JobSpeak Index for the month of January 2020 (2,381), marked a 6% rise in hiring activity as compared to January 2019 (2,251).

The major contributors to growth in hiring were industries like Accounting & Finance (37%), Education/Teaching (23%), Insurance (19%) and BPO/ITES (18%) while industries like Pharma (-5%) and Auto (-25%) witnessed a dip in recruitment activity. Demand for job roles in Teaching & Education (20%), BPO/ITES (17%), Accounting (14%) and Sales/Business Development (10%) also led to the overall uptick in hiring.

The job markets in Hyderabad (7%), Pune (7%) and Kolkata (6%) picked up on hiring activity and have consistently grown over the past year. Bangalore and Chennai saw a negative growth in hiring at 3% and 4% respectively. Demand for entry-level professionals

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