Good news! Hiring is picking up and several sectors may start recruiting soon

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Here’s some good news for job seekers. Many companies have started hiring as several recruitment firms saw increased activity in July.
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It is predicted that hiring activity will increase and many sectors such as banking and financial services, ecommerce, consumer goods, telecom, manufacturing, IT and industrial services, etc will start hiring on a big scale soon.

"Job market reacted negatively to demonetisation, but this is not so in the case of GST. On the contrary, industry leaders are bullish of a post-GST world, and are expecting business to look up in the months to come," Shiv Agrawal, ABC Consultants managing director, told ET.

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Meanwhile, banking and financial services will lead the hiring spree

"Nearly a lakh new jobs would be created in the next month or so and about 3 lakh professionals associated with GST-related activities will be in demand over the next nine months," Lohit Bhatia, the staffing solutions business head at IKYA Human Capital Solutions, told ET.

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