News: Indian labor market continues to grow: Indeed

Talent Acquisition

Indian labor market continues to grow: Indeed

According to Indeed September 2021 job market data, the Indian labor market continues to witness growth. With hiring activity in India crossing pre-pandemic levels, job postings on October 1, 2021, are at a 9.6% baseline (February 2020).
Indian labor market continues to grow: Indeed

Data from Indeed suggests that clicks (jobseeker interest) for childcare jobs saw a massive 173% increase in Sept 2021 as compared to Sept 2020. Jobseeker interest in several other sectors such as social sciences (88%), medtech (61%), chemical engineering (56%), and agriculture (55%) also saw a significant rise between the same period. The opening up of the personal care industry and the approaching festive season might have led to increased job seeker interest in the sector. Clicks for roles under the ‘personal’ category witnessed a 50% jump in Sept 2021 as compared to Sept 2020

Indeed’s data also indicated that the allied healthcare sector continues to attract job seeker interest as clicks for jobs under therapy (47%) and med dental (42%) witnessed a modest jump in Sept 2021 as compared to Sept 2020. 

Meanwhile, finance jobs too witnessed a 43% jump in the same period.

With schools across states opening up in a phased manner and businesses resuming office, hiring activity for roles in education and HR saw an increase. While clicks for functional roles under education such as ‘trainer’, ‘faculty’, ‘teacher’ and ‘English teacher’ saw an increase of 34%, roles such as ‘human resources specialist’, ‘recruiter’, ‘human resources manager’, ‘recruitment resourcer’, ‘IT recruiter’ under the HR function saw a 9% increase in clicks in September 2021 as compared to the same month last year.

Indeed also analyzed sectors that witnessed a de-growth in clicks. Aviation sector continues to remain badly hit with clicks witnessing a 37% decline. Along with Aviation, clicks for driver (-16%), hospitality (-11%), and transport (-10%) jobs also declined. Few other sectors such as media (-20%), marketing (-12.6%), and admin (-10%) also witnessed a decline in clicks in Sept 2021 as compared to Sept 2020.

“There is certainly an air of cautious optimism as the Indian economy picks up and our data mirrors the growth in hiring activity. An increase in clicks and postings in key areas such as HR, education, retail, finance, agriculture indicates that the economy is recovering faster - thanks to Covid-19 retreating as we hear reports of 70% of the eligible population receiving the first dose, as per the Health Ministry.  Increased job seeker interest and hiring for functional roles further indicate that businesses are slowly but steadily recovering from the impact of the second wave and focusing on stabilizing their operations, this time backed by a robust vaccination drive that the Government has implemented across states. Overall there seems to be guarded resilience in the job market, which will continue to witness growth on the back of the approaching festive season,” said Sashi Kumar, Head of Sales, Indeed India.

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Topics: Talent Acquisition, #Hiring

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