According to a report, there has been a good improvement in economic activities after the decrease in the cases of Kovid-19 infection in the country. Along with this, the job market also seems to be buzzing. Let us inform here that various companies have increased their hiring and in March, there has been a six percent increase in the rate of employment on a year-on-year basis.
E-recruitment data collected in 13 cities
The Monster Employment Index (MEI) analyzed recruitment data by companies across 13 cities and prepared its report. Online recruitment activities were tracked in this report and compared to the level a year ago, it registered an increase of 6 percent. Meanwhile, let us tell you that all the metros included in these 13 cities have registered double-digit growth in the rate of employment on an annual basis.
Highest jobs found in Mumbai
According to the report, Mumbai occupies the first place in terms of recruitment in companies, where the hiring rate was 21 percent higher in March. That is, Mumbai emerged as the largest employment market. It is followed by Coimbatore with a growth of 20 percent and Chennai and Hyderabad at number three with a growth of 16 percent.
So much increase in Delhi-NCR
In this report, online recruitment activities were recorded as 15 percent more in Bengaluru. Whereas in Kolkata and Delhi-NCR, this increase was 13-13 percent. After this comes the number of Pune, where an increase of 12 percent has been seen. Apart from this, the recruitment process has been expedited by the companies in other big cities as well.
Get more employment in these areas
As per the data for March 2022, the highest demand for recruitment was seen in banking/financial services and insurance companies. In these, the recruitment rate was recorded higher by 37 percent. This was followed by a 17 percent improvement in Telecom/ISP and a 16 percent increase in recruitment activity in manufacturing and production companies.
Improvement in the hospitality sector
Apart from these sectors, the hospitality and travel sectors, which have been most affected by Corona, have also improved after a long time. People have started getting jobs in this sector. Based on the online recruitment data, this sector has shown an 11 percent year-on-year improvement in March. On the other hand, recruitment in engineering, construction, and iron/steel-related companies has come down by 20 percent.
Relief after two years of the pandemic
Monster.com CEO Shekhar Garissa said that the last two years were very bad amid the outbreak of the Corona epidemic, but now it is heartening to see that the Indian economy has registered an improvement this year by overcoming the challenges compared to 2020. . The rate of employment has also increased. Sectors like banking and telecommunications have undoubtedly done well in terms of job creation in the country. There has been a substantial increase in business activity in Tier-II cities.
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