Subdued IT demand remains a sore point for Info Edge However, not all the non-tech sectors saw a surge in hiring between October and November 2023. Job recruitment in telecom, retail, FMCG, and real estate were also severely hit. Notably, The IT sector continued to remain impacted and the overall hiring in the industry was 22% lower in the October-November period vs the 2022 base.
Upskilling helps women relaunch careers after breaks: Report "Against the backdrop of a global economic slowdown in 2023, the story of the Indian white-collar job market has been one of strength and resilience. This year, a job market that has traditionally relied heavily on the IT sector saw several core-economy industries such as Oil & Gas, BFSI and Real Estate lead the way with regard to job creation. Emerging non-metros too outpaced the usual metropolitan hubs.
These developments reveal the new fabric of the white-collar job market in India and we feel optimistic that this will augur well in the long-term," Pawan Goyal, Chief Business Officer of Naukri.com said. Education, healthcare, EV sectors to drive jobs in Q4 FY2024: Report The non-metro cities in India outperformed the metros in terms of hiring. Gujarat's Vadodara clocked 9% growth in job offers in Oct-Novemebr 2023 as against the same period of 2022.
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