Hiring intent at 27-month high, more jobs open up in IT, education, e-commerce and telecom

The Indian job market continues to be upbeat as companies are going ahead with their hiring plans for the July-September quarter despite macroeconomic headwinds from high inflation, rising cost of money and ongoing geopolitical tensions.

Hiring intent of the companies has hit a 27-month high, the highest since the start of the Covid-19 pandemic, according to the latest Teamlease Employment Outlook Report, shared exclusively with ET.

The report, based on a survey which covered nearly 900 small, medium and large companies across 23 sectors and 14 cities, showed that more than 61% companies intend to hire for white-collar and blue-collar roles in the quarter, compared to 38% a year ago. The hiring intent is up 7% from the previous quarter.