Monster Employment Index, a job analysis report by Monster.com, a Quess Company, has published its findings for June 2021, providing insights into the job market across industries, cities and functions.
Despite the second wave of the pandemic and subsequent lockdowns, the last six months reflect a six per cent growth in job postings across various sectors. Data from the index indicates that compared to May 2021, June 2021 witnessed a notable overall monthly growth of four per cent. Overall job postings have also improved by 7 per cent year-on-year (June 2021 v/s June 2020), indicating an optimistic outlook for the coming months.
June 2021 continued to show a favourable outlook for job recovery with the easing of lockdowns across the country, compared to the previous month of May 2021. The Telecom/ ISP industry witnessed a remarkable year-on-year growth (39%), alongside IT- Hardware, Software (32 per cent), and Logistic, Courier/ Freight/ Transportation (29 per cent) industries that followed close behind. Further, the hiring of entry-level job seekers in June 2021 has shown significant growth of six per cent month-on-month (June 2021 v/s May 2021).
Hiring activities in metropolitan cities such as Bangalore (50 per cent), Pune (28 per cent), Hyderabad (22 per cent) and Chennai (22 per cent) indicate strong growth in recruitment activity as compared to the previous year (June 2021 v/s June 2020), the demand for professionals in Software, Hardware, Telecom functions showed an uptrend of 35 per cent year-on-year as of June 2021 compared to June 2020, on account of increasing digitisation and e-recruitment activities.
Sekhar Garisa, CEO, Monster.com said, “It is encouraging to see a positive growth in hiring activity across industries in the month of June, as the country begins to recover from the second wave of the pandemic. With vaccination drives underway actively and sectoral revival in progress across industries supported by government schemes, the Indian recruitment space is certainly faring with more stability and grit. Hiring activities in metropolitan cities have also exhibited promising numbers as compared to last year, reinstating that the economy is on the mend. We have also recently launched T.R.I.U.M.P.H, an initiative to boost diverse and inclusive practices among employers and enable them to build strong and efficient workforces. Through this we not only hope to inspire candidates and enable them to discover opportunities as well as help companies connect with the right talent by broadening their recruitment lens.”