Hiring on a recovery path, record 15% growth

Hiring activity by Indian associations is bouncing back after the disruption caused by second COVID wave in April, as per the most recent Naukri JobSpeak report. The country’s premier index on India’s hiring trends grew by 15% in June’21 versus May’21, going up to 2,359 in June from 2,047 in May. The month witnessed improvement in hiring across a few key industries just as functional areas.

This means that resilience and recuperation of hiring activity across the nation, particularly after the plunge of 15% in April’21 and afterward smoothing out in May’21, primarily due to the pandemic.

Buoyed by the interest from Indian associations to use IT to defeat business challenges, the IT-Software/Software Services sector grew 5% in June’21 compared with May’21. Not exclusively did this sector continue its recent surge of 14% in May’21, however accomplished an all-time high growth of 52%, when compared with pre-COVID levels in June’19. Tech hiring has remained somewhat insular to the effect of the pandemic, an impact of rapid digitization of Indian organizations.