Advertisement

Active Hackathon

India records highest hiring activity in February: Report

The IT and software services sector increased by 41 per cent, banking and financial services grew by 35 per cent, while pharma grew by 34 per cent.

Naukri’s JobSpeak Index reported the highest hiring activity for February this year owing to a resurgence of positive sentiment among employers and job seekers. The index saw an increase of 31 per cent on a year-on-year basis. It reached 3074 from its previous peak of 2753 in September last year. The demand for mid to senior-level professionals with experience within the range of 13 to 16 years showed the highest surge at 35 per cent on a year-on-year basis. 

While there was a steady growth observed across all sectors as the economy gradually opened up, insurance and retail sectors saw the sharpest uptick since last year with 74 per cent and 64 per cent, respectively. The IT and software services sector increased by 41 per cent, banking and financial services grew by 35 per cent, while pharma grew by 34 per cent. The auto industry finally shook off its stagnancy to show a recovery of 12 per cent. 

THE BELAMY

Sign up for your weekly dose of what's up in emerging technology.

Among top tier cities, Kolkata saw a 56 per cent rise in hiring on a year-on-year basis, while Bengaluru came in second with 49 per cent. Mumbai and Chennai both increased by 45 per cent, and Hyderabad stood at fourth place with 43 per cent. Pune was a close fifth with 41 per cent, and Delhi lagged at 30 per cent.

More Great AIM Stories

Poulomi Chatterjee
Poulomi is a Technology Journalist with Analytics India Magazine. Her fascination with tech and eagerness to dive into new areas led her to the dynamic world of AI and data analytics.

Our Upcoming Events

Conference, Virtual
Genpact Analytics Career Day
3rd Sep

Conference, in-person (Bangalore)
Cypher 2022
21-23rd Sep

Conference, in-person (Bangalore)
Machine Learning Developers Summit (MLDS) 2023
19-20th Jan, 2023

Conference, in-person (Bangalore)
Data Engineering Summit (DES) 2023
21st Apr, 2023

Conference, in-person (Bangalore)
MachineCon 2023
23rd Jun, 2023

3 Ways to Join our Community

Discord Server

Stay Connected with a larger ecosystem of data science and ML Professionals

Telegram Channel

Discover special offers, top stories, upcoming events, and more.

Subscribe to our newsletter

Get the latest updates from AIM
MOST POPULAR
[class^="wpforms-"]
[class^="wpforms-"]