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This Article is From Jul 01, 2024

White-Collar Hiring Drops 7.62% In June, Naukri Report Reveals

White-Collar Hiring Drops 7.62% In June, Naukri Report Reveals
Source: Unsplash

White-collar hiring activity in June witnessed a 7.62% decline as recruitment in most sectors remained flat, a report said on Monday. In June, white-collar hiring activity declined 7.62% with 2,582 job postings compared to 2,795 a year earlier, according to Naukri JobSpeak Index.

Sectors, including telecom (12%), BPO/ITES (9%), education and teaching (9%), Global Capability Centres (7%) which witnessed corrections in hiring compared to the same month of the previous year, it stated.

Sectors such as insurance (28%), FMCG/food industry (12%), pharmaceutical (6%) witnessed positive performance in hiring in June as against the same month last year, it said.

Cities in Rajasthan and Gujarat showed resilience, with Jodhpur (36%), Kota (21%), Udaipur (13%), Rajkot (35%), Surat (13%), and Jamnagar (13%) leading in new job creation, the report said.

However, bigger cities like Bengaluru (9%) and Mumbai (6%) experienced decline in hiring activities, it added.

"As we've reported over the past year, the power dynamic shift in the Indian hiring landscape is well and truly underway with mini metros consistently outpacing their metro counterparts. Gujarat, has been a silver lining in an otherwise turbulent market and it's now encouraging to see emerging cities in Rajasthan such as Jodhpur and Udaipur join the fray," Naukri.com Chief Business Officer Pawan Goyal said.

The Naukri JobSpeak is a monthly Index representing the state of the Indian job market and hiring activity based on new job listings and job-related searches by recruiters on the resume database of Naukri.com.

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