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Hiring activity witnessed a 3% uptick with the end of the third wave
March 11, 2022
Hiring activity witnessed a 3% uptick sequentially in February as almost all industries showcased solid growth with the end of the third wave of the pandemic, according to the report.
Demand for talent surged 7% year on year in February 2022, according to a report by the Monster Employment Index.
February 2022 saw a monthly uptick of 3% in hiring activity sequentially, the report added.
Across industries, February saw BPO/ITeS showcasing a solid 11% growth on the increased adoption of digitization across industries.
Across industries, February saw BPO/ITeS showcasing a solid 11% growth on the increased adoption of digitization across industries.
The demand for roles in shipping/marine and production and manufacturing also witnessed a surge due to the announcement of the maritime vision 2030 and the renewed focus given to employment generation and expansion through the PLI scheme and PM GatiShakti, the report noted.
The Monster employment index is a monthly comprehensive analysis of online job posting activity conducted by Monster India.
Further, the data from the report said demand remained steady for professionals across almost all levels of experience, which augurs well for the Indian economy.
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