Business

‘Job market saw green shoots in May’

Job market witnessed green shoots of recovery in May this year after suffering a dip in April following the second wave of the pandemic, according to Monster Employment Index report.

Overall job postings in India increased by 4% year-on-year with Bengaluru (79%), Hyderabad (62%) and Chennai (50%) accounting for most software, hardware and telecom jobs.

Job postings for top management professionals, with 16 or more years of experience, witnessed a significant growth of 66% year-on-year, as per the study.

Industries that witnessed the highest year-on-year growth in hiring across the key cities were banking/ financial services, insurance and IT. Overall recruitment activities showed a phenomenal uptrend in most of the cities year-on-year, according to the Monster study.


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Printable version | Aug 3, 2021 8:29:53 PM | https://www.thehindu.com/business/job-market-saw-green-shoots-in-may/article34825352.ece

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