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Hiring set to bounce back in 2021: Naukri.com

IANS
Updated: December 28th, 2020, 16:36 IST
in Business
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Hiring in India

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New Delhi: Hiring activities will bounce back in the coming year as major industries are recovering from the impact of Covid-19, according to a Naukri.com survey Monday.

While 26 per cent recruiters foresee hiring bouncing back to pre-Covid levels within the next three-six months, 34 per cent said that it would take their organisations six months to one year, said the “Hiring Outlook Survey” by the job portal.

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The survey, which involved 1,327 recruiters and consultants across the country, showed that jobseekers should remain optimistic for the coming year.

In 2020, while industries such as medical/healthcare, IT, BPO/ITES were less impacted, a few such as retail, hospitality and travel struggled to cope.

The overall hiring market started on a positive note this year with increasing job postings in the initial months of the year at a year-on-year comparison.

The incline in hiring was steady until the pandemic impacted the job market.

The impact of Covid-19 was visible right from March.

In April and May, hiring declined 60 per cent year-over-year, the lowest ever seen on the platform, Naukri.com said.

Steadily, the job market started to revive from June onwards.

Though the market is still down by 28 per cent year-over-year as per the Naukri JobSpeak index for November, jobseekers, recruiters and experts are eying on sequential recovery to spot the silver lining, according to the job portal.

 

IANS

Tags: coronavirus pandemicHiringNaukri.com
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