Analysis
Job Market In India Maintains Record-Breaking Run For Third Consecutive Month, Clocks 57% Year-on-Year Growth in September
- 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, according to the latest Naukri JobSpeak report.
- The index measures hiring activity across various industries, cities, functional areas and experience levels. July 2008 has been considered as the base with an index value of 1,000 and the subsequent monthly indices are compared to data from July 2008.
- Year-on-year, most sectors showcased significant annual growth, led by IT (138 per cent) and hospitality (+82 per cent).
India manufacturing jobs (SAM PANTHAKY/AFP/GettyImages)
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, according to the latest Naukri JobSpeak report.
At 2,753 job postings, the index hit an all-time high in September surpassing pre-COVID levels in September 2019 by 21 per cent.
The Naukri JobSpeak is a monthly Index that calculates and records hiring activity based on the job listings on Naukri.com website month on month. The objective of Naukri JobSpeak is to measure the hiring activity in various industries, cities, and experience levels.
The index measures hiring activity across various industries, cities, functional areas and experience levels. July 2008 has been considered as the base with an index value of 1,000 and the subsequent monthly indices are compared to data from July 2008.
