Retail sector revives hiring as 2nd Covid wave haunts India

4/8/2021

For any News Coverage, Please Contact: media@jhalak.com

As the second Covid wave begins to haunt us, a new report said on Thursday that apart from the IT-software industry, retail sector that was severely impacted by the pandemic has seen robust revival in hiring that saw an uptick of more than 15 per cent in March.

Amid the wave of digital transformation, the IT-software sector once again remained shielded and hiring continued to grow by 11 per cent in the sector in March over February.

Overall across industries, the Naukri JobSpeak Index for March witnessed an uptick of more than 3 per cent in hiring activity as compared to the previous month.

"Overall, hiring activity shows a robust growth of 23 per cent in the January-March quarter as compared to the Q4 2020. The IT sector has been at the forefront of fuelling this growth and it is encouraging to see sectors like retail and accounting/finance also showing promising recovery over the past few months," said Pawan Goyal, Chief Business Officer, Naukri.com.

All six metros and key Tier-2 cities witnessed sequential growth in hiring in March, barring Kolkata (-3 per cent) and Vadodara (-2 per cent) that saw a slight decline in hiring.

Within metros, Bengaluru and Mumbai led the sequential growth, respectively followed by Hyderabad and Chennai.

Ahmedabad registered the highest hiring growth among Tier-2 cities.

"With the economy opening up, recruiters are ready to hire again, and 83 per cent confirmed this in our latest survey," Goyal said.

Demand for IT-software professionals saw a leap of more than 53 per cent in march versus the previous year.

In addition, hiring for roles in marketing/advertising, and HR/administration domains showed a notable uptick, said the report.

The figures came as India registered 1,26,789 fresh Covid cases, setting another grim one-day record, and 685 deaths in the last 24 hour.

Source: IANS

For any News Coverage,Please Contact: media@jhalak.com

Related Links

Jhalak.com - Indian Classifieds in USA.

  • Jhalak.com is an Enterprise Multi Utility Classifieds Portal Which is Integrated and Centralized Online Classifieds, Sports Software’s and Indian Movie tickets.
  • Jhalak.com is an Indian Classifieds in USA that Covers Indian Business Directory, Roommates, Nanny Services, Buy and Sell, Indian Attorneys, CPA and Financial Tax Services, Indian Doctors, Indian Events, Indian Stores, Shops, H1 B Jobs, Training Centers, Indian Restaurants, Indian Communities, Coupons, Indian Real Estate agents and Many more desi classifieds categories.
  • Our Entertainment zone is a set of Indian Movies Information include Tollywood, Bollywood, Kollywood, Sandalwood, Hollywood and Provides Online Movies Tickets for Indian Movies in USA.
  • Online Sports Software: Cricket, Volley-Ball, Tennis, Badminton, Carrom and Ping Pong and Chess.