Festive season hiring this year grows by 73%: Report

Hiring activities witnessed 73 per cent growth during the festive season (August-October) this year compared to the same period in 2021 driven by e-commerce and logistics, retail and BFSI sectors, according to a report.

As many as 1,00,000 order books were closed in this period considering that e-commerce and logistics, retail and Banking, financial services and insurance (BFSI) sectors heightened their hiring efforts in line with surging demand, according to data by business services provider Quess Corp.

While seasonal sales saw some recovery last year from the impact of the Covid pandemic, this festive season has been a clear indicator for the growth of the economy with an upward spiral in job demand across several consumer facing industries.