Due to businesses re-pivoting and refocusing their strategies to better meet customer and market wants, the workforce requirement is slated to increase: Report
The data gives a perspective on formal sector employment in the country
The report was released by global recruitment specialists Michael Page and is based on its proprietary data for India.
Compared with August, September saw a stable monthly growth of one per cent in job posting activity this year, according to the Monster Employment Index by Monster.com, a Quess company.
The pandemic also impacted the benefits offered by corporates to its employees.
The Indian job market maintained its record-breaking run for the third consecutive month in a row, clocking 57 per cent year-on-year growth in September
With the onset of the festive season and easing of lockdown restrictions, the hiring activity has stabilised sequentially in September with a marginal growth of three per cent, according to a report
This expansion will support Ugam's accelerated business growth due to digital transformation.
Says pandemic pushed 22 million out of a job in advanced economies
14.8 million people were jobless in this period
Men accounted for more than 60% of the jobs losses last year
At 40th AGM of Infosys, its chairman Nandan Nilekani said in FY21 the company had industry-leading, healthy revenue growth at 5% in constant currency, totalling $13.6 bn
45% of industries indicated positive MoM growth in job postings, with retail, home appliances, and telecom industries showing the highest growth
This comes as the US economy reopens rapidly
As many as 2,300 new people joined the organisation.
Mumbai remains at sixth spot; of the 21 sectors reviewed more than 8 will see a 9-11 percentage point rise in intent to hire this quarter
Monster Employment Index showed that job postings witnessed a 6% sequential growth in February
Digitisation has increased in the country due to the pandemic
Job market continues to improve sequentially across the country and job postings in some industries have improved, with some doing even better than the pre-Covid levels, led by IT, agro-based sectors
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