Oil and gas sector witnesses 22% rise in job hiring in March this year: Report
What the vacant seats at TCS mean Artificial Intelligence continued to witness hiring momentum with a 12% rise in new job creation last month as per the report. The data scientist role also reported a 20% growth in hiring in March this year. The demand for senior-level professionals with experience of more than 16 years outpaces all other cohorts, clocking 11% growth year-on-year.
The job offers in the salary range of more than ₹20 lakh per annum surged by 16% in Match 2024 versus last year. Whereas, new job openings in salaries below the ₹12 lakh range witnessed a de-growth. TCS top performers receive double-digit hike, attrition cools to 12.5% "Indian white collar job market looks poised as we exit a challenging year given the headwinds faced by the IT sector.
Positive trends in the coming quarters seem quite plausible. Demand for seasoned professionals & Indian AI/ML talent should give everyone lots to cheer for," Dr Pawan Goyal, Chief Business Officer of Naukri.com told Mint. India's unicorn startups showcased a renewed appetite for jobs.
According to Naukri's report, there was an 8% rise year-on-year in hiring within this segment. India Inc pushes for temp hires in anticipation of a good summer IT software service unicorns saw a 71% growth in hiring activity year on year. Among the cities Pune stood out as the epicentre, showcasing a 51% growth rate, followed by Mumbai at 20% hiring activity by unicorn startups.Milestone Alert!
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