India's White-Collar Hiring Sees 6% Growth in April
According to a recent report, India's white-collar hiring saw a 6% year-on-year growth in April, driven mainly by the insurance, BPO/ITeS, and real estate sectors.
Sectoral Hiring Trends:
- Insurance: Registered a 21% year-on-year growth, leading the sectoral hiring trends.
- BPO/ITeS: Witnessed a 15% year-on-year growth, following closely behind insurance.
- Real Estate: Recorded a 12% year-on-year growth, making it one of the top performers.
- Healthcare: Saw an 11% year-on-year growth, contributing to the overall growth.
- Education: Experienced a 9% year-on-year growth, driving the hiring activity.
Declining Sectors:
The telecom and banking sectors continued their four-month decline, falling to 11% and 10% respectively in April. IT, pharma, and auto remained largely flat, while the Global Capability Centre (GCC) witnessed a 4% dip in April.
Geographical Hiring Trends:
- Top Metros:
- Hyderabad recorded a 12% growth.
- Bengaluru recorded a 7% growth.
- Chennai recorded a 6% growth.
- Delhi-NCR: Saw modest single-digit growth at 3%.
- Kolkata: Remained largely flat at 1%.
- Mumbai: Was the only major metro in negative territory at 3%.
Emerging Cities:
- Jaipur: Recorded a 12% growth.
- Coimbatore: Recorded a 11% growth.
- Ahmedabad: Recorded a 7% growth.
According to Naukri.com MD and CEO Hitesh Oberoi, hiring activity continues to show steady momentum, with the Naukri JobSpeak Index recording a 6% year-on-year growth.
“Sectors such as insurance, real estate, and healthcare are driving this expansion, reflecting both structural demand and increased consumer activity. While IT hiring remains stable, we are seeing some moderation in banking. Overall, the job market remains resilient, with sectoral shifts shaping the hiring landscape,” said Hitesh Oberoi.