<p>The March quarter has witnessed a growth of 4% in job postings across various job sectors, according to Monster Employment Index, a job analysis report by Monster.com. The overall data, however, indicate that the employment index saw a slight decline in job posting activity in March 2021, with a 2% drop compared to the previous month, February 2021.</p>.<p>In terms of month-on-month (M-o-M) growth, industries such as Logistics, Courier/Freight/Transportation (19%), Printing & Packaging (5%), and Office Equipment/Automation (5%) witnessed a significant increase in job postings in March 2021 as compared to February 2021, according to the report.</p>.<p>Cities such as Bengaluru and Pune have witnessed a positive M-o-M uptrend of 2% and 1% in March 2021. The same cities have also observed a yearly uptrend, with recruitment activities in Bengaluru (14%), Hyderabad (6%), and Pune (2%) growing in March 2021 year-on-year compared to March 2020.</p>.<p><strong>Read | <a href="https://www.deccanherald.com/business/companies-look-to-ramp-up-tech-capabilities-hire-more-people-report-972287.html" target="_blank">Companies look to ramp up tech capabilities, hire more people: Report</a></strong></p>.<p>In the M-o-M comparison to February 2021, most departments have witnessed a slight decline in March 2021. However, the Software, Hardware, Telecom roles continue to recover with a 2% month-on-month growth as of March 2021 compared to February 2021, the report suggests.</p>.<p>As of March 2021, month-on-month growth in job postings is seen across most levels compared to February 2021, except for entry-level jobs that saw a dip in demand by (-)3%.</p>.<p>Sekhar Garisa, CEO - Monster.com said, “While the overall index witnessed a slight drop in recruitment activity, major cities such as Bengaluru and Hyderabad show a positive outlook in hiring demand compared to last year. With companies re-adapting to the flexible-hybrid work model, and digital hiring on the rise with innovative tech, we anticipate a recovery of the Indian job market in the coming quarters.”</p>.<p>Another report by TeamLease Services called ‘Employment Outlook Report’ says if further lockdowns and workplace operating rules are not enforced, the intent to hire in the current quarter (April - June 2021) can rise 7 percentage points over the previous quarter (Jan 2021- March 2021). In fact, out of the 21 sectors reviewed more than 8 sectors will witness a 9-11 percentage points rise in their intent to hire in the current quarter.</p>.<p>From a geography perspective, while Metro and Tier 1 cities (32%) take the lead in terms of overall intent to hire, with 9% increase each, Tier 3 cities also are not far behind. Tier-3 towns have witnessed a 5 percentage point increase.</p>
<p>The March quarter has witnessed a growth of 4% in job postings across various job sectors, according to Monster Employment Index, a job analysis report by Monster.com. The overall data, however, indicate that the employment index saw a slight decline in job posting activity in March 2021, with a 2% drop compared to the previous month, February 2021.</p>.<p>In terms of month-on-month (M-o-M) growth, industries such as Logistics, Courier/Freight/Transportation (19%), Printing & Packaging (5%), and Office Equipment/Automation (5%) witnessed a significant increase in job postings in March 2021 as compared to February 2021, according to the report.</p>.<p>Cities such as Bengaluru and Pune have witnessed a positive M-o-M uptrend of 2% and 1% in March 2021. The same cities have also observed a yearly uptrend, with recruitment activities in Bengaluru (14%), Hyderabad (6%), and Pune (2%) growing in March 2021 year-on-year compared to March 2020.</p>.<p><strong>Read | <a href="https://www.deccanherald.com/business/companies-look-to-ramp-up-tech-capabilities-hire-more-people-report-972287.html" target="_blank">Companies look to ramp up tech capabilities, hire more people: Report</a></strong></p>.<p>In the M-o-M comparison to February 2021, most departments have witnessed a slight decline in March 2021. However, the Software, Hardware, Telecom roles continue to recover with a 2% month-on-month growth as of March 2021 compared to February 2021, the report suggests.</p>.<p>As of March 2021, month-on-month growth in job postings is seen across most levels compared to February 2021, except for entry-level jobs that saw a dip in demand by (-)3%.</p>.<p>Sekhar Garisa, CEO - Monster.com said, “While the overall index witnessed a slight drop in recruitment activity, major cities such as Bengaluru and Hyderabad show a positive outlook in hiring demand compared to last year. With companies re-adapting to the flexible-hybrid work model, and digital hiring on the rise with innovative tech, we anticipate a recovery of the Indian job market in the coming quarters.”</p>.<p>Another report by TeamLease Services called ‘Employment Outlook Report’ says if further lockdowns and workplace operating rules are not enforced, the intent to hire in the current quarter (April - June 2021) can rise 7 percentage points over the previous quarter (Jan 2021- March 2021). In fact, out of the 21 sectors reviewed more than 8 sectors will witness a 9-11 percentage points rise in their intent to hire in the current quarter.</p>.<p>From a geography perspective, while Metro and Tier 1 cities (32%) take the lead in terms of overall intent to hire, with 9% increase each, Tier 3 cities also are not far behind. Tier-3 towns have witnessed a 5 percentage point increase.</p>