News: Recruitment activities witness a dip

Talent Acquisition

Recruitment activities witness a dip

the previous month's level as recruitment activities witnessed a dip across most key sectors, including IT and telecom. However, the hiring activities grew by 16 per cent on year-on-year basis. According to experts, the recent dip in the job market can be attributed to uncertain economic environment and year-end holidays, which generally sees a lull in hiring activities.

the previous month's level as recruitment activities witnessed a dip across most key sectors, including IT and telecom. However, the hiring activities grew by 16 per cent on year-on-year basis. According to experts, the recent dip in the job market can be attributed to uncertain economic environment and year-end holidays, which generally sees a lull in hiring activities.

However, according to TeamLease, recruitment across sectors is on a slow rise. The net employment outlook was at +70 for the March quarter, but sectors like IT have dipped again. It is expected that as far as hiring is concerned, the IT sector will see a growth. Corporates would prefer to exercise caution in hiring than lay off employee.

Source: Financial Express 

Read full story

Topics: Talent Acquisition, #Updates, #Jobs

Did you find this story helpful?

Author

QUICK POLL

What is your top focus area for reinventing work in the hybrid world of work?

How can we prepare for a challenging 2023?

READ our latest issue for tips and suggestions.