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India Logs 9% Growth in Job Postings in September: Report.

IANS
IANS
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As India reopens after a long spell of pandemic and lockdowns, job postings in the country were improved by 9 percent year-on-year (YoY) in September this year, a report said on Tuesday.

According to Monster.com, compared to August, the month of September saw a stable monthly growth of 1 percent in job posting activity this year.

“As we approach the end of the quarter, it is promising to see that we have witnessed 6 percent growth in hiring activity over the last three months,” Sekhar Garisa, CEO – Monster.com, a Quess company said in a statement.

“With imminent festive sales and a significant increase in e-commerce activities, it is notable that job roles for logistics and supply chain are well in demand,” Garisa added.

In September 2021, printing/packaging (11 percent) grew at a considerable pace, while a positive month-over-month (MoM) uptick was also witnessed in industries such as BPO/ITES (5 percent), import/export (4 percent), retail (2 percent) and travel and tourism (2 percent).

Cities such as Baroda (3 percent) and Ahmedabad (1 percent) noted the highest job posting activity in the country in September 2021 as compared to August 2021.

Hiring activity in metropolitan cities such as Bengaluru (38 percent), Pune (22 percent), Hyderabad (20 percent), and Chennai (18 percent) indicates a strong rise in recruitment activity as compared to the previous year.

Hiring for professionals in software, hardware, telecom (35 percent), senior management (23 percent), HR and admin (11 percent), and finance and accounts (7 percent) continued to flourish on a year-on-year basis.

Interestingly, HR and admin roles have seen a marked positive incline across all metropolitan cities. At the same time, software, hardware, telecom and finance, and accounts also witnessed significant growth across almost all cities tracked by the Index.

Industries such as banking/financial services, insurance, retail and travel, and tourism also saw a positive uptick at 2 percent each in September 2021 as compared to August 2021.

However, garments/ textiles/leather, gems, and jewelry (-17) percent, which saw significant improvement last month due to peak festive hiring, witnessed a decline along with Production and manufacturing (-9) percent, telecom/ISP (-3) percent and oil/gas/petroleum and power (-3) percent, which also saw a decline in job postings in September 2021.

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