Monster Employment Index
Demand for India's healthcare roles rise by 6 pc: Monster Employment Index
Mumbai/IBNS: Monster Employment Index, a job analysis report by Monster.com, showcased the acceleration witnessed in hiring activity during the last six months which led to a six percent uptick.
Demand for talent surged by 12 percent year on year (YoY) during December, as per the index.
Across industries, the month of December 2021 saw Retaijob l and Agro-based industries witnessing a positive tick of 12 percent, on account of multi-channel approaches, technological adoption, and Government initiatives.
In December, the recruiting process also saw a monthly uptrend of two percent compared to the previous month.
The need for new employment in the healthcare sector grew by six percent on account of proliferating Covid-19 cases in India.
Job openings in Human Resources & administration (5%), and finance & accounts (4%) spiraled over the month.
The need for entry level/freshers and intermediate job roles saw the highest monthly growth at two percent, as compared to other experience levels (Dec 2021 vs Nov 2021), it said.
A YoY (Dec 2021 vs Dec 2020) comparison indicates that industries such as Retail (14%) and Travel & Tourism (4%) witnessed a revival and are estimated to grow further this year.
On the other hand, engineering, cement, construction, iron/ steel industry (-13%) saw a dip in hiring during December due to an increase in labour migration causing bottlenecks in logistics and construction.
Other sectors performing with a sequential decline in hiring demand include import/export (-8%), government/ PSU/Defense (-7%), Media & Entertainment (-6%), and Education (-4%).
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
