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India’s hiring activity back to pre-festive levels, grows 27 per cent in November
The annual growth rate stood at 43 per cent. This can be attributed to the post-festive recovery. The growth may look robust on a monthly level, however, a deeper analysis at the sector level reveals mixed trends compared to the boom times of the first half of this year that witnessed high growth in hiring activity
Source | economictimes.indiatimes.com | ET Online
India’s job market rebounded to the pre-festive levels in November registering a growth of 27 per cent month-on-month, said the Naukri JobSpeak index.
The annual growth rate stood at 43 per cent. This can be attributed to the post-festive recovery.
The growth may look robust on a monthly level, however, a deeper analysis at the sector level reveals mixed trends compared to the boom times of the first half of this year that witnessed high growth in hiring activity.
Trends across various sectors
The Insurance sector witnessed a robust growth of 42 per cent followed by Banking and Real Estate sectors which recorded a 34 per cent and 31 per cent growth respectively.
