White collar hiring steady during May
Oil&gas sector emerged as hiring hotspot, recruitment in IT sector declines 23%: Naukri JobSpeak Index
image for illustrative purpose
Sluggish IT
- Bengaluru, Hyderabad, Chennai and Pune were the hardest hit
- However, hiring in machine learning and big data segments picking up
- Cautious hiring in retail, education, insurance and BPO sectors
- Hiring in non-metro cities promising
Mumbai: The hiring activity in India’s white-collar professional segment, remained steady in May and witnessed multi-sectoral growth across sectors such as real estate, banking, oil and gas and pharma, a report said on Thursday.
According to the Naukri JobSpeak Index, the job postings for white collar hiring in May 2023 were at 2,849 as against 2,863 in May 2022. The relatively flat growth in index masks strong divergence in hiring trends across different sectors and geographies, said the report. The Naukri JobSpeak Index is a monthly Index representing the state of the Indian job market and hiring activity based on new job listings and job-related searches by recruiters on the resume database of Naukri.com.
It said that while the oil and gas sector clearly emerged as a hiring hotspot with a remarkable 31 per cent increase in the new jobs compared to last year.
