Indian job market unfazed by inflation, hiring increases by 29 per cent in Q1: Report
The Indeed Hiring Tracker of Q1, FY23, is based on a survey of 1,229 employers and 1,508 employees during April-June 2022.The findings further revealed that 37 per cent of all jobseekers looked for a job or a job change during the quarter, compared to 46 per cent during the previous quarter, it added
Source | economictimes.indiatimes.com | ET Bureau
Bengaluru: Hiring in India increased 29% in the April-June period, as compared to a 20% increase in the previous quarter, despite concerns over the impact of inflation, showed findings from the quarterly hiring tracker released by job site Indeed.
The proportion of jobseekers seeking a job or a job change fell to 37% during the quarter, as compared to 46% in the previous three-month period. IT/IT-enabled services continued to lead the sectors, with 91% of employers in the sector hiring during April-June, up from 83% in the previous quarter.
This trend may be attributed to attrition, voluntary and involuntary, that the technology sector experienced in recent times. Tech roles were the most in-demand during the quarter, with healthcare (86%, up from 51%) and ecommerce (82%, up from 73%) also figuring among the key sectors contributing to the surge in talent demand.