Delhi sees a decline in hiring in March this year

Apr 5, 2022

By: Vaamanaa Sethi

Where all the metro cities in India had shown a positive outlook in hiring,...

...the national capital saw a decline of 15 percent in hiring in March 2022 as compared to March 2021.

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The latest Naukri JobSpeak Index report revealed that the month of March witnessed a...

...sequential increase in hiring activity across all the key sectors in India.

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Kolkata tops the list among metro cities

Metro cities saw positive year-on-year growth in hiring activity in March this year with Kolkata leading the charts with 42 percent growth, followed by Hyderabad (27 percent), Mumbai (25 percent), Chennai (24 percent), and Pune (23 percent).

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Non-metro cities with positive growth

Amongst Tier-2 cities, Coimbatore registered the highest growth in hiring activity with 29 percent, followed by Kochi (12 percent), and Ahmedabad (3 percent).

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Other non-metro cities

According to the report, there was a dip in hiring activity in Chandigarh by 9 percent as compared to last year in March, while Vadodara and Jaipur remained flat in March’22 when compared with March’21.

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Demand for professionals across all experience bands also remained steady...

...in March this year as compared to March 2021, says the report.

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Sectors that recorded growth this month

The travel and hospitality sector witnessed the highest growth (82 percent) in hiring activities as the travel restrictions have been relaxed, followed by the education sector (44 percent), real estate (30 percent), and retail (28 percent).

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Sectors that showed a negative trend

While the oil and gas sector recorded a slight decline of 6 percent in March 2022 as compared to last year, the healthcare sector remained flat in March.

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What do experts say?

“India is on the road to economic recovery with all key industries and cities showing signs of continued recovery. It is good to see that sectors that were worst hit by the pandemic such as travel and hospitality have now revived. We believe that with a growth trajectory like this, the upward trend in talent demand will continue its dream run in the coming months,” said Pawan Goyal, chief business officer at Naukri.com.

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