Are Non-IT Sectors Experiencing Significant Hiring Growth in November?
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Synopsis
In November, hiring in non-IT sectors surged significantly, marking a recovery from the October dip. This report reveals impressive growth across various sectors, with non-metro cities leading the charge. Discover how demand for high-value roles and adoption of digital hiring practices are shaping the job market landscape. Stay informed about the evolving hiring trends!
Key Takeaways
- Non-IT sectors see significant hiring recovery.
- Education and real estate lead growth percentages.
- High-value roles are increasingly sought after.
- Entry-level hiring up by 30% nationally.
- Digital hiring adoption is on the rise.
New Delhi, Dec 2 (NationPress) Following a festive lull in October, the hiring landscape for white-collar jobs has notably improved, with non-IT sectors registering substantial growth in November, according to a report released on Tuesday.
The JobSpeak Index from job portal Naukri indicated a consolidated growth of +6 percent for the October-November timeframe compared to the previous year. The report noted that October had seen a decline of -9 percent year-over-year (YOY), largely attributed to the earlier dates of Diwali this year. In a positive turn, November experienced a rebound, marked by a significant +23 percent increase.
While hiring in the IT sector remained steady during this period, multiple non-IT sectors experienced impressive hiring growth, as highlighted in the report.
In November, the education sector saw a remarkable increase of +44 percent, followed by real estate (+40 percent), hospitality/travel (+40 percent), and insurance (+36 percent), all showing the strongest gains. Notably, high-value job roles (earning over 20 Lakhs Per Annum (LPA)) and unicorn hiring surged by +38 percent and +35 percent, respectively.
Dr. Pawan Goyal, Chief Business Officer at Naukri, stated, “The growth in Indian white-collar hiring remains within the 6-7 percent range this fiscal year, and this period was no exception. The shift toward non-IT sectors, along with the demand for high-value roles, continues unabated.”
He further noted, “An emerging trend on our platform is the increased adoption of digital hiring practices among smaller businesses.”
The report also emphasized that hiring in unicorns jumped by 35 percent YOY, with e-commerce companies leading the charge at +27 percent, while IT unicorns experienced a +16 percent increase.
Geographically, Chennai (+49 percent), Hyderabad (+41 percent), and Delhi/NCR (+41 percent) were key drivers of this growth.
Entry-level hiring saw a national surge of 30 percent, with non-metro cities taking the lead. Ahemdabad topped the charts at +41 percent, followed closely by Coimbatore (+32 percent) and Jaipur (+31 percent).
Additionally, Global Capability Centres (GCCs) experienced a hiring increase of +18 percent YOY, focusing on core tech talent such as data scientists (+49 percent), solutions architects (+45 percent), full-stack developers (+36 percent), and data engineers (+33 percent).
Point of View
This report highlights a positive shift in the hiring landscape, especially in non-IT sectors. The growth seen in November is a welcome change following the October slowdown, and it reflects the resilience of the job market. This trend is not only beneficial for job seekers but also indicates a broader economic recovery, signaling optimism for the future.
NationPress
02/12/2025
Frequently Asked Questions
What sectors are seeing the most hiring growth?
Non-IT sectors such as education, real estate, hospitality/travel, and insurance are witnessing the most significant hiring growth.
How much did overall hiring increase in November?
Overall hiring in non-IT sectors increased by +23 percent in November compared to the previous year.
What is the trend in entry-level hiring?
Entry-level hiring surged by 30 percent nationally, with non-metro areas leading this growth.
Which cities are driving hiring growth?
Chennai, Hyderabad, and Delhi/NCR are the top cities driving hiring growth in November.
What roles are in high demand?
High-value roles earning over 20 LPA, as well as tech positions like data scientists and full-stack developers, are in high demand.
