Making knowledgeable profession decisions is the important thing to skilled development and might help you discover your dream job. Whereas discovering the appropriate job is essential for everybody, it can be fairly nerve-wracking, making it necessary for all job seekers to grasp the present hiring traits.
That can assist you with this, Naukri.com has launched the JobSpeak report, a month-to-month index that calculates and data month-on-month hiring exercise based mostly on the job listings on the web site.
The target of this report is to measure the hiring traits throughout industries, cities, purposeful areas, and expertise ranges.
On this weblog, we are going to focus on the key observations of the May 2021 edition of Naukri JobSpeak Report.
At an general hiring degree, Naukri JobSpeak stabilized and turned flat (-1%) in Might ’21, at 2,047 versus April ’21.
The pandemic has accelerated the tempo of digital transformation throughout sectors and created a necessity for fast and scaled deployment, thus mirrored within the IT-Software program business, rising at +14% sequentially in Might ’21.
The expansion of tech is mirrored in hiring as main IT Hubs like Pune (+12%), Bangalore (+9%) and Hyderabad (+4%) noticed an uptick in recruitment in Might ’21 Vs April ‘21.
Hiring for senior professionals is up; 8-12 years expertise (+4%), in addition to greater than 16 years expertise (+4%), grew sequentially in Might ’21.
Pawan Goyal, Chief Enterprise Officer, Naukri.com stated,
Despite the fact that the hiring exercise declined by 15% in Apr ’21 over Mar ’21, we see hiring turning flat in Might ’21, signaling resilience and restoration.
The IT-Software program sector led hiring with +14% development. The Schooling/Educating sector grew by +7% sequentially in Might ’21 after posting a steady decline over the previous few months.
Whereas Telecom/ISP (+12%) grew, the Insurance coverage (+2%) sector remained flat. Sectors comparable to Banking/Finance (-15%), FMCG (-13%) and BPO/ITES (-10%) remained impacted in hiring exercise in Might ’21 Vs Apr ’21.
The shutdown of accommodations, eating places and non-essential workplaces led to a sequential decline in hiring in sectors comparable to Hospitality (-41%) and Retail (-20%) in Might ’21.
The Naukri JobSpeak index studies a +14% improve in demand for tech professionals in Might ’21 Vs Apr ’21 as majority of tech giants introduced bulk-hiring plans for 2021. Educating/ Schooling roles grew by 5% in the identical interval.
The demand for professionals in HR/Admin (-4%), ITES/BPO (-8%), and Content material/Journalism (-8%) domains was additionally much less impacted in Might ’21 sequentially.
Amidst the lockdown restrictions throughout the nation, sequential hiring for Gross sales/BD (-20%), Manufacturing/High quality (-22%), and Buy/Logistics (-14%) roles noticed a decline in Might ’21.
Main IT Hubs like Pune (+12%), Bangalore (+9%), and Hyderabad (+4%) noticed an uptick in hiring exercise in Might ’21 Vs April ’21 led by tech expertise demand.
With Maharashtra efficiently containing the pandemic, hiring exercise grew by +5% sequentially in Mumbai. However, hiring in Delhi/NCR remained impacted and declined by 11% in Might ’21 Vs Apr ’21.
Because the pandemic moved additional into smaller cities within the second wave, tier-2 cities remained impacted in hiring together with Jaipur (-19%), Vadodara (-9%), and Coimbatore (-5%).
Hiring exercise throughout expertise bands remained secure in Might ’21 Vs Apr ’21 with the 0-3 years’ expertise band (-7%) being probably the most impacted.
Curiously, hiring for professionals with 8-12 years expertise (+4%) in addition to greater than 16 years expertise (+4%) grew sequentially in Might ’21, indicating that organizations choose skilled professionals to steer them via these turbulent occasions.
You may learn the whole Naukri JobSpeak Report for May 2021 to get an in-depth understanding of the hiring traits.
The Naukri JobSpeak is a month-to-month Index that calculates and data hiring exercise based mostly on the job listings on the Naukri.com web site month on month.
The target of Naukri JobSpeak is to measure the hiring actions in numerous industries, cities, purposeful areas, and expertise ranges. The info is compiled from the web site whereby jobs posted by purchasers on Naukri.com are thought-about.
Thus, the JobSpeak index consists of jobs that could be for substitute hiring. July 2008 is taken to be the bottom with an index worth of 1,000 and the following month-to-month index is in contrast with the info for July 2008.
The roles analyzed for the month-to-month Index are certified based mostly on white-collar, city, belonging to organized company sector jobs with the deal with service industries. The report exhibits hiring traits throughout business sectors, geography, expertise degree, and purposeful areas.
Greater than 76,000 purchasers use Naukri.com, resulting in the excessive reliability of information. The report doesn’t cowl gig employment, hyperlocal hiring, or campus placement.
Over an extended interval, the Naukri JobSpeak was impacted by the rise within the Naukri site visitors share, web penetration, Naukri pricing technique, and job itemizing drives.