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Favourable Growth In Hiring Demand Across All Sectors: Report

Favourable Growth In Hiring Demand Across All Sectors: Report

Despite the second wave of the COVID-19 pandemic and subsequent lockdowns,  all 27 Industries witnessed a positive month-on-month growth in June 2021, according to the Monster Employment Index.

 

The comprehensive job analysis report by Monster.com, found that the last six months reflect a 6 % growth in job postings across various sectors.

 

Data from the index indicates that compared to May 2021, June 2021 witnessed a notable overall monthly growth of 4%. Overall job postings have also improved by 7% year-on-year (June 2021 v/s June 2020), indicating an optimistic outlook for the coming months.

 

Telecom/ ISP industry witnessed a remarkable year-on-year growth (39%), alongside IT- Hardware, Software (32%), and Logistic, Courier/ Freight/ Transportation (29%) industries that followed close behind. Further, the hiring of entry-level job seekers in June 2021 has shown significant growth of 6% month-on-month (June 2021 v/s May 2021).

 

Hiring activities in metropolitan cities such as Bangalore (50%), Pune (28%), Hyderabad (22%), and Chennai (22%) indicate strong growth in recruitment activity as compared to the previous year (June 2021 v/s June 2020), the demand for professionals in Software, Hardware, Telecom functions showed an uptrend of 35% year-on-year as of June 2021 compared to June 2020, on account of increasing digitization and e-recruitment activities.

 

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