IANS | 09 Jan, 2024
Hiring in the Indian IT sector declined 21 per cent in December 2023
as against the same month in 2022, displaying similar trends as seen in
most of the second half of last year, a report said on Tuesday.
Full
stack data scientist, IT infrastructure engineer and automation
engineer were some of the job roles that saw decent hiring despite a
cautious job market for the IT industry, according to Naukri JobSpeak
Index.
Sectors like BPO, education, retail and healthcare were
some of the major sectors that displayed cautious hiring sentiments,
declining by 17 per cent, 11 per cent, 11 per cent and 10 per cent,
respectively, in job offers in December as against the corresponding
month of 2022.
The major sectors that witnessed job growth in December were hospitality and pharma.
New job offers for AI stood out with 5 per cent growth in the latest month as against the corresponding month of 2022.
"We
observe marginal sequential growth of 2 per cent in December hiring
activity compared to November, driven by non-IT sectors,” said Dr. Pawan
Goyal, Chief Business Officer of Naukri.com.
However, the IT
sector continued to be significantly impacted pulling the overall index
down in comparison to last year, signalling a longer wait for a complete
recovery in IT hiring,” he added.
The hospitality sector
continued its growth momentum in new job offers with a 4 per cent
increase in hiring as compared to December 2022.
The job growth
for this sector is the highest in the cities of Mumbai and Delhi-NCR.
Senior professionals with over 16 years of experience emerged as the
most sought-after candidates for hiring in the sector.
The Pharma
sector saw an increase in hiring of 2 per cent. There has been a renewed
focus on R&D in the Pharma sector which has led to its growth and
jump in placements, said the report.
The non-metros outshined the
metros. Vadodara registered a growth of 3 per cent in new job offers in
the latest month as against the same month of 2022, the report added.