Hiring activity declines by 15% in April amid second Covid-19 wave: Report

With lockdown-like restrictions in many states due to the second wave of Covid-19 pandemic, hiring activity declined by 15 per cent sequentially in April, according to a report.

The decline, however, is less severe compared to the last year given the lack of strict nationwide lockdown, the report said.

According to the Naukri JobSpeak Index, there were 2,072 job postings in April compared to 2,436 job postings in March.

“The disruption caused by the second wave of Covid-19 has impacted the hiring activity leading to a 15 per cent sequential decline in April.

“However, the current impact on the job market is less severe than what we saw in April 2020, where the Naukri JobSpeak index declined by 51 per cent month-on-month.