Tuesday, November 30, 2021
IndiaJob activity declined in most Indian industries in April

Job activity declined in most Indian industries in April

Published: 12th May 2021 4:39 pm

Bengaluru: As India battles the lethal second Covid wave amid state-level lockdowns, industries like travel and tourism, education and engineering, cement, construction, iron/steel continue to show decline in job postings, a new report showed on Wednesday.

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The employment index by online job search platform Monster saw a decline in job posting activity in April compared to March by 3 per cent.

Overall job postings declined by 4 per cent (year-on-year) as of April and openings for entry-level roles declined by 5 per cent (month-on-month), according to latest data provided by the company.

Despite the decline in overall job postings, some industries continue to hold strong in some specific cities.

Advertising, market research, public relations (PR) in Chennai and Hyderabad noted more than 50 per cent YoY growth.

Banking/financial services, insurance in Kolkata saw a 26 per cent growth (MoM) despite the overall growth in job postings remaining neutral for the location.

Hiring activity in Bengaluru (28 per cent), Hyderabad (23 per cent), and Chennai (16 per cent) indicate strong growth in job postings compared to the previous year.

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