CHENNAI: White collar continued to grow as more businesses restart operations and prepare for the festive season job market In August, which has now touched pre-Covid levels as a whole and has also surpassed it in terms of technical areas.
HR firms said non-IT sectors – which have been under stress so far, such as retail, real estate and infra – also contributed to the month-on-month (MOM) growth in talent demand. On a year-on-year (YoY) basis, the job market has expanded by over 50% since August 2020, which acted as a recovery month last year.
Ankit Agarwal, MD, HR consulting firm Michael Page India, said MoM’s growth in new jobs has been modest, while open white-collar jobs have grown by nearly 60%. Aggarwal said sectors such as real estate, medical devices and retail, which were slow to recover till July, have added a “good amount of jobs”. He said that the increasing activities in the world of startups have also opened the doors of many new jobs.
HR firms said non-IT sectors – which have been under stress so far, such as retail, real estate and infra – also contributed to the month-on-month (MOM) growth in talent demand. On a year-on-year (YoY) basis, the job market has expanded by over 50% since August 2020, which acted as a recovery month last year.
Ankit Agarwal, MD, HR consulting firm Michael Page India, said MoM’s growth in new jobs has been modest, while open white-collar jobs have grown by nearly 60%. Aggarwal said sectors such as real estate, medical devices and retail, which were slow to recover till July, have added a “good amount of jobs”. He said that the increasing activities in the world of startups have also opened the doors of many new jobs.
JobSpeak, the monthly job market index of Naukri.com, stood at 2,673 in August, an increase of nearly 89 per cent over the same month last year. The job listing portal said hiring activity is at prependemic level and job postings on September 1 represent an increase of 8% over the February 2020 baseline.
According to Times JobsMonthly Recruitment Indexes RecruitX, Automotive, BPM and IT/Telecom led the growth in MoM talent demand by 4%, 4% and 3%, respectively, in August.
Sanjay Goel, Business Head, Times Jobs said, “With the easing of Covid restrictions, non-IT sectors contributed the most to MoM growth of talent demand in August. techgig, said.
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