3% uptick in hiring in Feb
Energy, IT, mfg sectors in India lead job mkt: Report
image for illustrative purpose
The positive momentum in certain sectors like manufacturing and energy are encouraging signs. However, freshers face a challenging landscape with increased competition and fewer opportunities, said Sekhar Garisa, CEO, foundit, a Quess company
New Delhi: Sectors like energy, IT, and manufacturing in India witnessed significant growth in recruitment activity, a new report revealed on Friday. According to the talent management platform foundit (formerly Monster jobs), there has been a gradual uptick in hiring activity across sectors, indicating a three per cent (month-on-month) growth.
In February 2024, the IT-Hardware and Software sector experienced substantial growth, showing a remarkable seven per cent increase compared to the preceding month.
The Oil/Gas/Petroleum and Power sector observed a surge in hiring demand, with a notable increase of 7 per cent over the past month.
“The positive momentum in certain sectors like manufacturing and energy are encouraging signs. However, freshers face a challenging landscape with increased competition and fewer opportunities,” said Sekhar Garisa, CEO, foundit, a Quess company.
