E-recruitment activities in India decline 5% in August: Report
E-recruitment activities in India fell by 5% in August compared to the same month last year as companies are cautious following challenges posed by inflation and the slow growth of other major economies such as the US, a report said on Friday. Sequentially also, the e-recruitment activities witnessed a 3% decline in August, foundit's (formerly Monster APAC and ME) 'foundit Insights Tracker (fit)' revealed.
«While hiring has slowed down overall in several sectors in the country, our nation's economy maintains its resilience amidst global uncertainties. A large contributing factor to this stability is the government's emphasis on nurturing sectors such as shipping, finance, and travel,» foundit, a Quess company, CEO Sekhar Garisa said.
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Offering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product ManagementVisitIndian School of BusinessISB Applied Business AnalyticsVisitIndian School of BusinessISB Product ManagementVisitNorthwestern UniversityKellogg Post Graduate Certificate in Product ManagementVisitSimultaneously, states are actively bolstering their digital infrastructure to empower tier II and III cities, he stated.
«In conjunction with an increase in festive recruitment, the collective effort is expected to improve the job scenario. Notably, India Inc is increasingly pursuing fresh talent, with the tracker registering a significant 7% year-on-year surge in fresher hiring. The newcomers of today are adaptable to the evolving technological landscape, strengthening our workforces forward momentum,» he added.
The foundit insights tracker (fit) is a comprehensive monthly analysis of online job posting activity based on a real-time
