Travel hires hardest hit, retail sector rebounds in India


New Delhi, May 6 (IANS): Hiring activity in India saw 38% growth (y-o-y) in April and hardest hit sectors like travel and hospitality and retail due to two years of the Covid pandemic -19 rebounded with hiring activity over 100%, a new report aired on Friday.

The education sector has also grown at a phenomenal rate indicating a strong demand for talent.

Other sectors such as real estate, insurance and banking, financial services and insurance (BFSI) saw a significant increase in hiring activity compared to last year, according to the ‘ Naukri JobSpeak Apr’22 Index’.

“The new fiscal year has seen a strong sentimental improvement in hiring activity across all regions of the country. These are good signs that the nation is on the path to economic recovery,” said Pawan Goyal, Chief Commercial Officer of Naukri. .com.

In addition, sectors such as automotive/automotive auxiliary, telecommunications/ISP and consumer packaged goods have also seen positive growth in hiring.

Among the metros, Mumbai (+63%) saw the strongest growth in demand for new talent in this month compared to April 2021.

Delhi (+47%), Pune (+38%), Kolkata (+38%), Chennai (+34%) and Hyderabad (+32m%) also remained positive.

In non-metros, positive hiring sentiment is seen with Coimbatore leading once again posting a solid growth trajectory at +63% in April.

Other cities such as Jaipur (+50%), Vadodara (+32%), Kochi (+24%) and Ahmedabad (+22%) also maintained positive hiring momentum, according to the report.

Demand for professionals across all experience brackets remained flat in April 2022, with freshmen (0-3 years) seeing the strongest growth of +52% year-over-year.


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