Hiring up 11% sequentially in June quarter, IT tops with 61% growth: report
In a sign of recovery in the job market coming out of the second wave of Covid-19, hiring in India saw a 11 per cent growth on a quarter-on-quarter (QoQ) basis during the April to June period of the current financial year, according to a report by the Indeed India Hiring Tracker.
Among the sectors, information technology (61 per cent), financial services (48 per cent), and BPO/ITeS (47 per cent) showed standout growth. Large businesses continued to dominate hiring activity (59 per cent of employers), while hiring by mid-sized businesses saw a decline (38 per cent). Overall, fewer surveyed employers were hiring between April-June compared to the previous quarter (42 per cent vs 64 per cent)