Hospitality, BFSI, healthcare and immersive hiring for freshers saw upswing in September
Naukri’s JobSpeak index.
The index grew at 6% month-on-month in September 2023 but fell by 8.6% from a year ago, which shows a dip in overall hiring since the highs of 2022.
Within the sectors that hired the most, hospitality, travel grew by 22%, and BFSI and healthcare grew by 7% each, according to the data. Oil and gas, and auto were the other areas that saw growth.
Drilling down into the growth sectors
Hospitality and travel were in the positive territory as monsoon season, festive season and the upcoming winter season led to a spurt in travel this time of the year. Both solo travellers and families are travelling more.
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The data showed that roles such as restaurant manager and guest services saw the highest demand last month. Naukri said the hiring trends in hospitality showed that people with 8-12 years of experience were in high demand, with cities like Bengaluru and Hyderabad leading the recent hiring spike.
Hospitality Hiring
Source: Naukri
In the banking, financial services and insurance (BFSI) segment, demand for roles such as branch manager and financial consultant grew; the roles also increased in smaller cities like Ahmedabad, Chandigarh and Jaipur.
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Banks, NBFCs and fintech/payments showed higher growth in the sector compared with investment banking, venture capital and private equity. This could also be due to the underlying nature of the investment space that it is tied to global market shifts and changes.
The healthcare sector saw good demand for lab technicians and medical record/informatics
