Kolkata: In war-torn April, white-collar hiring increased by 6% compared to that in April a year go, said a report on May 1. The hiring was nudged up by performance in the insurance, BPO/ITeS and real estate sectors, said the Naukri JobSpeak Index report. The biggest jump in hiring took place in the insurance sector which surged by 21%. Three other sectors registered double digit growth in hiring. These were BPO/ITES with 15%, real estate with 12% and healthcare with 11%. Education also was close to double-digit growth and posted a 9% rise in white collar hiring. Naukri JobSpeak Index publishes a monthly report which tracks the job market and hiring activities in the country.
Sectors which declined
While the five sectors witnessed a surge in hiring, a few declined. Among these were telecom and banking sectors. These Hiring in these sectors have been inching down for four months on the trot said the report. Telecom registered a slide of 11% while banking had a fall of 10% in April. Hiring in the sunrise Global Capability Centres too registered a decline of 4%. Sectors where hiring was flat in the previous month were IT, pharmaceuticals and automobiles.
City-wise hiring activity
Job creation in April was the most prominent in the southern cities. Among the cities that witnessed the highest growth in hiring were Hyderabad, Bangalore and Chennai. Hyderabad emerged on top with 12% growth, while Bengaluru came second with 7% and Chennai emerged third with 6%. The Delhi-NCR was at 3% while Kolkata just managed 1% growth. The financial capital of the country Mumbai happened to be the only metro that recorded a decline of 3%. However, among the bigger cities (tier II) to witness strong hiring activity in April were Jaipur with 12%, Coimbatore with 11% and Ahmedabad with 7%.
“Hiring activity continues to show steady momentum, with the Naukri JobSpeak Index recording a 6 per cent year-on-year growth. Sectors such as insurance, real estate, and healthcare are driving this expansion, reflecting both structural demand and increased consumer activity…. While IT hiring remains stable, we are seeing some moderation in banking. Overall, the job market remains resilient, with sectoral shifts shaping the hiring landscape,” Naukri.com MD & CEO Hitesh Oberoi was quoted by PTI as saying.