Hit by COVID-19 pandemic and nationwide lockdown, India saw a 62 percent decline in job hiring in the month of April, led by hotel/restaurant/travel/airlines industries that saw a massive -90 percent less hiring activity than the same month last year, a new report said on Wednesday.
The aviation and hospitality industries were followed by auto/ancillary (-82 percent), retail (-77 percent) and accounting/finance (-70 percent), according to Naukri JobSpeak Index.
The job market across cities registered a double-digit dip in hiring.
The decline was led by metros, wherein Delhi declined by 70 percent followed by Chennai (-62 percent), Kolkata (-60 percent) and Mumbai (-60 percent ).
There was an across-the-board decline in hiring at varied experience levels with the entry-level experience bands (0 to 3 yrs exp) witnessing the sharpest decline of 67 percent.
"On the jobseeker front, we are prioritizing access and discovery of recently �laid off and immediately available to join' jobseekers to the recruiters. Also, there is a complete guide on career progression during these tough times with upskilling courses, hiring insights, CV assessment tools etc," informed Pawan Goyal, Chief Business Officer, Naukri.com.
Hiring activity in pharma/biotech/clinical research (-54 percent), IT-software/software services (-49 percent) and insurance (-42 percent) was less impacted as compared to other industries in April.
New jobs for professionals in the ticketing/travel/airlines, hotel/restaurants and HR/administration sectors witnessed a dip of 95 percent, 89 percent and 78 percent, respectively.
However, new jobs for professionals in the IT-software (-51 percent), BPO/ITES/KPO (-54 percent), pharma/biotech/healthcare (-57 percent) and teaching/education (-56 percent) sectors were less impacted as compared to other sectors in April.
The middle management roles (8-12 years' experience) roles declined by 55 percent, senior management roles (13-16 years' experience) declined by 53 per cent and leadership roles (16+ years' experience) declined by 50 percent.
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