News: Hiring activities in India slump in June amid uncertain economy

Talent Acquisition

Hiring activities in India slump in June amid uncertain economy

Hiring activities in the country slumped in June across as companies remained cautious amid uncertain economic conditions, PTI reported. Job portal Naukri.com said that many sectors including IT-Software, BPO and ITeS, Telecom, Banking and Financial Services, witnessed lower recruitment activities last month compared to May.

Hiring activities in the country slumped in June across as companies remained cautious amid uncertain economic conditions, PTI reported. Job portal Naukri.com said that many sectors including IT-Software, BPO and ITeS, Telecom, Banking and Financial Services, witnessed lower recruitment activities last month compared to May.

Indicating sluggishness in the labour market, the monthly Naukri Job Speak index declined to 1,230 last month from 1,317 in May. The index - a gauge of monthly online hiring trends – has been falling since April when it stood at 1,368. Demand for professionals in HR, sales and accounts also showed a dip in hiring numbers in the range of 7-12 per cent in June, the report said.

Read the full report here

Read full story

Topics: Talent Acquisition, #Updates, #Hiring

Did you find this story helpful?

Author

QUICK POLL

Post-COVID, which aspect of work will technology impact the most?

2 months free subscription
q_auto,f_auto/v1593523489/mag-july-2020.png

Subscribe to all new People Matters HR Magazine

.

Subscribe
And Save 59% plus Two months free

Subscribe now

Interested in daily dose of short & crisp insights from the world of work?