Dec 3, 2021
By: Vaamanaa SethiAccording to the Naukri Job Speak Index report, which came out on Friday, the overall hiring activity in India saw a growth of 26 percent annually in November 2021.
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The onset of the festive season marked the comeback of the retail sector — showing a 47 percent increase as compared to Nov 2020, followed by the hospitality and travel sector with 58 percent and the telecom sector with an upward trajectory growing by 91 percent annually.
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The major job creating sectors were banking and financial services, information technology (IT) and software, telecom, medical/healthcare and fast-moving consumer goods (FMCG).
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In a bid to fall back to normalcy, schools are primed to reopen across the country; the education sector experienced a resultant uptick in hiring by 54 percent in Nov’21 as compared to Nov’20.
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The average year-on-year growth recorded in metro cities was 39 percent. Hyderabad and Pune (47 percent), Bengaluru (49 percent) recorded the highest growth in November 2021.
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The average year-on-year growth in non-metros grew at a slower pace of 16 percent. Among the non-metro cities, Ahmedabad (61 percent) and Coimbatore (28 percent) witnessed maximum growth.
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Freshers hiring across all sectors was seen with an upward trend, an overall growth of 27 percent in November 2021 as compared to November 2020.
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Hiring across all experience bands was positive in November this year as compared to November last year with demand for senior professionals belonging to the 8-12 years’ experience bracket witnessed maximum traction with 37 percent.
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Hiring activity across all sectors for senior roles also saw an increase — professionals with 4-7 years of experience witnessed 30 percent growth, followed by 13-16 years professionals (26 percent) and above 16 years (20 percent) in November 2021 as compared to November 2020.
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