India sees 62% fall in hiring in April

New Delhi: Hit by Covid-19 pandemic and nationwide lockdown, India saw a 62 per cent decline in job hiring in the month of April, led by hotel/ restaurant/ travel/airlines industries that saw a massive -90 per cent less hiring activity than the same month last year, a new report said on Wednesday.

The aviation and hospitality industries were followed by auto/ancillary (-82 per cent), retail (-77 per cent) and accounting/finance (-70 per cent), according to Naukri JobSpeak Index. The job market across cities registered a double-digit dip in hiring. The decline was led by metros, wherein Delhi declined by 70 per cent followed by Chennai (-62 per cent), Kolkata (-60 per cent) and Mumbai (-60 per cent). There was an across-the-board decline in hiring at varied experience levels with the entry-level experience bands (0 to 3 yrs exp) witnessing the sharpest decline of 67 percent. "On the jobseeker front, we are prioritizing access and discovery of recently �laid off and immediately available to join' jobseekers to the recruiters. Also, there is a complete guide on career progression during these tough times with upskilling courses, hiring insights, CV assessment tools etc," informed Pawan Goyal, Chief Business Officer, Naukri.com.

Hiring activity in pharma/ biotech/clinical research (-54 per cent), IT-software/software services (-49 per cent) and insurance (-42 per cent) was less impacted as compared to other industries in April.