Overall hiring has touched pre-pandemic level
Interest for veterinary jobs, postings for food and retail sectors spike
Chennai, 30th Aug: The overall economic activity, as we came past half the year is showing signs of improvement and hence, Indeed, the world’s #1 job site, analyzed job postings and clicks on its platform.
Data from Indeed, which is a real-time indicator of labor market activity, suggested that for the first time in months, hiring activity in India is at a pre pandemic baseline. (February 2020 level)
It feels like the labor market recovery has really found its footing. Job growth continues to accelerate and more workers are finding jobs or starting to pick up their job search. Sectors tied to the reopening of the labor market are leading the way, giving some hope that these gains can continue in the months ahead.
IT, Sanitation and Retail are fueling demand
Job postings for IT tech software roles saw a 19% increase between July 2020 and July 2021 as an expected outcome of the pandemic-induced digitization. Job posting for other IT job roles such as project head, engineer, also saw an increase of 8-16%. The easing of lockdown restrictions and the consequent reopening of spaces sharpened the focus on hygiene and sanitization – a fact reflected in Indeed’s data, which showed that the demand for housekeepers, caretakers, housekeeping managers, custodians, executive housekeepers, and cleaners had grown by 60% between July 2020 and July 2021. The number of job roles in food and retail sectors, too, witnessed an increase (52% and 39% respectively) in the same period, while the demand for roles in HR and finance grew by 27% each.
What are jobseeker’s priorities?
With the pandemic confining people to their homes for extended periods of time, physical and mental well-being have gained greater relevance than ever before. This reflected in an 89% increase in clicks for applying for therapy jobs on Indeed between July 2020 and July 2021. Interestingly, the number of clicks for veterinary jobs saw a massive 216% increase during the same period, followed by jobs in personal care (155%), childcare (115%) and dental (108%). Clicks for sanitation jobs, too, grew by 54%, consistent with an increase in job postings by employers for such roles.
There was a decline in job seekers’ interest for roles in industries or functions like aviation (-25%), media (-19%), accounting (-8%), customer relations (-7%), and admin (-6%), as was evident from the difference in the number of clicks on Indeed between July 2020 and July 2021.
Sashi Kumar, Head of Sales, Indeed India said, “The reopening of the economy and the efforts by businesses to work around the challenges presented by Covid-19 have pushed the Indian job market towards recovery. While the relevance of tech jobs continues to be high, the renewed demand for retail and food jobs indicates that the consumption economy will play an important role in driving job growth further. Meanwhile, hygiene clearly has become a top priority for both employers and job seekers. What’s curious is the heightened interest for veterinary, therapy, personal care, and childcare jobs – a trend that seemingly indicates a significant shift in the priorities of job seekers. Recovery at this pace or even faster would be excellent.”