· Automation, BFSI and Telecom register an uptick in hiring with the adoption of the latest technology while jobs in Healthcare and IT decline · Hiring stabilised in Coimbatore and Ahmedabad while the growth graph slowed down in major metropolitan cities of India The ongoing global economic contraction has trickled down to India with recruiters adopting a cautious approach to hiring. The Monster Employment Index (MEI) registered a 6% drop in hiring activity in October 2022 vis-à-vis October 2021.
Month-on-month job postings also noted a 5% decline. This can be attributed to changing patterns in the start-up ecosystem, funding winter […]
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