Is India’s Formal Job Market Thriving Amid Global Hiring Slowdown?
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Synopsis
India's formal job market is experiencing a remarkable upswing, even as global hiring declines. A recent report reveals an impressive 8.9% rise in job postings, driven by diverse sector demands. This growth signifies India's resilience and structured economic shift, with notable gains in childcare, education, and generative AI roles. Explore the factors fueling this remarkable trend.
Key Takeaways
- India's formal job market has surged by 8.9% in May.
- Job postings are 80% above pre-pandemic levels.
- Childcare, education, and generative AI roles are experiencing significant growth.
- India's job creation outpaces overall employment growth.
- Regional hubs are emerging for generative AI opportunities.
Bengaluru, June 13 (NationPress) Despite a global hiring downturn, India's formal employment sector is experiencing a remarkable revival, fueled by increasing demand across various industries, according to a recent report released on Friday.
Job postings in India surged by 8.9% in May, marking a significant rebound following a brief hiatus, as per data from the global job platform Indeed.
This growth underscores the resilience and dynamism of India's job market, which remains nearly 80% above pre-pandemic levels—one of the highest rates among major economies.
The expansion of India's job market is attributed to its transition towards a more structured and formal economy.
As the country evolves, job creation in the formal sector continues to surpass overall employment growth. This consistent upward trajectory positions India ahead of many other global economies,” stated Callam Pickering, Indeed’s APAC Senior Economist.
The report indicates that job postings have risen in nearly 80% of occupations over the last three months.
Significant gains were noted in sectors such as childcare (up 27%), personal care and home health (up 25%), education (up 24%), and production & manufacturing (up 22%)—reflecting a growing demand in both social and industrial services.
The software development sector continues to dominate India's formal recruitment landscape, accounting for nearly one in five job postings on Indeed.
Another noteworthy aspect of the report is the rising demand for talent skilled in generative AI.
As of May, 1.5% of all job postings in India referenced generative AI—more than double compared to the previous year.
Roles related to generative AI are emerging not just in technology and data analytics but are also expanding into fields such as scientific research, marketing, and management.
Regional hubs like Karnataka and Telangana have become key centers for generative AI opportunities, while Maharashtra leads in overall job volumes.
Point of View
India's formal job market is showcasing remarkable strength amidst global uncertainties. The significant job growth reflects not only the resilience of the Indian economy but also the increasing emphasis on structured employment. This trend is a positive sign for job seekers and indicates a shift towards stability and growth in the workforce.
NationPress
14/06/2025
Frequently Asked Questions
What is driving the job growth in India?
The job growth in India is primarily driven by the transition towards a more structured and formal economy, with increasing demand across various sectors.
Which sectors are experiencing the most job growth?
Sectors such as childcare, personal care and home health, education, and production & manufacturing are experiencing the most significant job growth.
What is the significance of generative AI in job postings?
Generative AI is increasingly recognized in job postings, with 1.5% of all postings mentioning it, reflecting its growing importance across multiple fields.
How does India compare to other major economies in job growth?
India's job market remains nearly 80% above pre-pandemic levels, making it one of the highest among major economies.
Which regions in India are leading in job opportunities?
Karnataka and Telangana are key hubs for generative AI opportunities, while Maharashtra leads in overall job volumes.
