Hiring activity improves by 1% in September: Monster survey
Data from index indicated that in the last six months, hiring demand rose by 8%, even with the impact of the second wave of the pandemic
According to a report, hiring demand increased by 1% sequentially on account of rising online sales, led by printing and packaging, followed by BPO and ITeS, and import and export. In comparison with August, September saw a stable monthly growth of 1% in job posting activity this year, according to the Monster Employment Index by Monster.com, a Quess company. Meanwhile, job postings improved by 9% YoY in September 2021, as compared to the same month in 2020, indicating an optimistic outlook.
Hiring demand up despite pandemic
It added that hiring demand for printing and packaging increased by 11% sequentially due to rising online sales, followed by uptick in industries such as BPO/ITeS (5%), import and export (4%), retail (2%) and travel and tourism (2%) in September 2021.
Further, data from Index indicated that in the last six months, that hiring demand rose by 8%, even with the impact of the second wave of the pandemic.
As compared to the previous month, Baroda (3%), Ahmedabad (1%), and Delhi-NCR (1%) witnessed a positive uptick in job posting activity in September 2021, as per location data.
But, hiring in most metro cities showed a decline on a monthly basis including Kolkata (-4%), Chennai (-4%), Bengaluru (-3%), Pune (-2%), Hyderabad (-2%) and Mumbai (-1%), in n contrast to their performance over the past few months, the report said.
This trend could be on the rationale of back-to-office trends and remote working preferences of the workforce, it said.