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The retail sector, which was severely impacted by the pandemic, is also seeing robust revival, with sequential hiring activities seeing an uptick of 15% last month
Mumbai: Hiring activities rose marginally with job listings rising to 2,436 in March compared to February this year, according to a report. The increase of three per cent in job listings on a month-on-month basis was mainly led by IT-software and retail sectors. In February, the job listings stood at 2,356.
As per the latest Naukri JobSpeak Index, given the wave of digital transformation, the IT-software sector remains shielded and hiring continued to grow by 11% in March.
The retail sector, which was severely impacted by the pandemic, is also seeing robust revival, with sequential hiring activities seeing an uptick of 15% last month, as per the report.
The Naukri JobSpeak is a monthly Index that calculates and records hiring activity based on the job listings on Naukri.com website.
Key sectors such as oil and gas (7%), accounting/ taxation/ finance (6%) and telecom/ ISP (5%) showed an uptick in hiring in March compared to February.
On the other hand, sectors such as BPO/ITES (1%) and BFSI (1%) witnessed a flat sequential trend.
With the second wave of COVID, education/ teaching (13%), FMCG (10%) and hotels/ airlines/ travel (8%) sectors experienced a decline in sequential hiring in March, the report said.
All six metros and key tier-II cities witnessed sequential growth in hiring in March, except Kolkata (3%) and Vadodara (2%) that saw a slight decline in hiring.
Ahmedabad registered the highest hiring growth of 13% amongst tier-II cities in March compared to February, the report noted.
The demand for professionals in marketing/ advertising (10%) and HR/ administration (8%) roles also saw an uptick in March, while the demand in sales/BD (6%) roles saw a sequential decline.
Hiring for professionals with 4-7 years’ and 8-12 years’ experience saw the highest sequential growth of 6% in March this year. However, leadership hiring (those having over 16 years’ experience) declined by 3% last month compared to February.
On a year-on-year basis, there was a notable growth of 25% in hiring in March compared to the same month last year, led by sectors including IT-software, medical/ hospital and retail, the report said.
Job opportunities in the IT-software (42%), medical /hospital (33%) and retail (24%) sectors showed year-on-year growth. However, hospitality and travel sectors registered a decline of 11 per cent in hiring in March compared to the year-ago period.