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Hiring activity recovers 5% in July vs June on lockdown relaxations: Naukri JobSpeak

Source | | Rica Bhattacharyya

Mumbai: Hiring activity in India recovered marginally by 5% in July compared to a month ago amid gradual easing of lockdown relaxations and re-opening of critical industries, according to Naukri JobSpeak.

A month-on-month hiring deep dive showed key sectors such as recruitment/employment (37%), media/entertainment (36%) and construction/engineering (27%) drove hiring activity in July as compared to June. Industries such as BFSI (16%), auto (14%), telecom (13%) and IT-Hardware (9%) continue to improve in recruitment activities while the IT-Software sector (0%) was flat sequentially. Education/teaching (-22%), hospitality (-5%) and retail (-2%) sectors saw a decline even in sequential comparisons.

From a city perspective, there is sequential growth in hiring across key metro cities like Delhi/NCR (10%), Mumbai (8%) and Chennai (4%). On the other hand, Bengaluru and Kolkata declined sequentially by 4% each. Tier 2 cities such as Jaipur, Vadodara and Chandigarh continue to see much more growth in recruitment activities than the metros. Jaipur has grown by 40% and Vadodara by 35% sequentially.

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