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Service sector emerges as highest employment generator this year: Survey

The report states that hiring is expected to continue across sectors in 2023. Real estate, banking, renewable energy, healthcare and IT will be actively hiring in the coming year at around 15%. Employment in the automobile sector and FMCG industry is expected to grow at nearly 12% and 10% respectively

Source | | Brinda Sarkar, ET Bureau

The service sector has emerged as the highest employment generator this year, finds a new survey. The market exhibited a 5-7% y-o-y growth in hiring with hiring standing at around 16% last year. In 2022, flexi mode, white collar and blue collar workforce were onboarded actively across service sectors. It was followed by FMCG and manufacturing sectors experiencing a spike of around 3-5% this year as compared to 2021, according to data shared by Avsar, a tech-enabled service provider which caters to all talent

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