With a gradual relaxation of confinements, the hiring activity grew positively for most industries in June, according to a report.
So far, the IT industry has grown at a rapid pace, the report says. Although in June, data revealed that many other industries began to show improvement in hiring activity, the report, based on hiring data posted on the SCIKEY Market’s job portal. Network, indicated.
In addition, data revealed that there was a 21 percent improvement in banking hires in June compared to May.
Key industries like IT and BPO grew by 18% each, the pharmaceutical sector grew by 16.9%, while the demand for hiring in the healthcare sector improved by 20%, he said.
This brings a ray of hope to job seekers who are currently in hard hit sectors to seek jobs in other sectors.
Other sectors such as insurance, retail, education, and FMCG also recorded gains of 12 percent, 5 percent, 12.1 percent and 16 percent, respectively, a he added.
Although hiring in the telecommunications sector was down 8% in June compared to May of this year, he noted.
The data revealed that hiring has also increased in all areas in terms of positions such as sales, human resources and marketing, which have seen an increase of 20 percent, 19.9 percent and 12.1. percent, respectively.
Other positions like Software Developers (11.8%), Site Engineering (11.8%), Finance (9.9%) and Project Manager (4.9%) also reported positive growth, he said.
Meanwhile, Tier I cities like Mumbai (12%), Pune (6%), Delhi (1%), Chennai (12%), Hyderabad (12%) and Kolkata (20%), which suffered various Earlier foreclosure tests showed strong double-digit growth in hiring activity in June compared to the previous month.
However, Bangalore posted a 2% drop, he revealed.
Tier II cities like Jaipur and Ahmedabad also saw a significant increase of 30% and 22%, respectively, he found.
Hiring trends increased 18% for new graduates and 8% for leadership level, he said.
Hiring picked up steam last month, providing slight relief to job seekers. It is good to finally see the labor market bounce back from the pandemic-induced recession at a dignified pace. It has been a difficult time for most sectors since the lockdown. We hope the recovery will become more robust in the coming months, added SCIKEY co-founder Karunjit Kumar Dhir.
(Only the title and image of this report may have been reworked by Business Standard staff; the rest of the content is automatically generated from a syndicated feed.)