With India on a path of sustained recovery from the impact of COVID19, hiring trends in India show encouraging signs. According to the latest Naukri JobSpeak report, hiring in India has touched an all-time high in July 2021.
The Naukri JobSpeak Index indicated buoyancy is hiring which is signifies revival of economic growth & recovery. The Naukri JobSpeak Index is complied monthly Index and shows hiring activity based on the job listings on Naukri.com website. The index is considered as the premier index on hiring trends in the country. The index recorded a growth of 11 per cent in July 2021 over the previous month and reached its highest level of 2,625.
The demand for jobs in IT sector registered a strong growth of 18 percent. As per the report, this growth was fuelled by The rapid digital transformation across all sectors. While accounting and taxation sector saw growth of by 27 per cent in hiring activity, in FMCG it was 17 percent, banking and financial services sector 13 percent and education & teaching recorded a growth of 8 percent. As per the report, IT hubs such as Bengaluru, Hyderabad and Pune and cities like Delhi/NCR and Mumbai registered double-digit growth in the month of July as compared to June 2021. Commenting on trends, Naukri.com said that July '21 data has provided conclusive proof of the revival of hiring activity in the country.