Demand For Freshers Sees The Highest Growth Of 18% In Y-o-Y Assessment Of Talent Demand : TimesJobs RecruiteX
· Projects/Infrastructure sector noted the highest
growth of 14% in talent demand in Dec 2019; Retail sector claimed most talent
demand in Dec 2018 v/s Dec 2019 comparison
· Content/Editor/Journalist profile was the most sought-after functional area in Dec 2019, IT/Telecom and related profiles most in-demand in Y-o-Y analysis
· Ahmedabad recorded the highest growth in talent demand in Dec 2019, Hyderabad/Secunderabad saw the biggest gain of over 30% in Y-o-Y comparison
· Freshers and
professionals with less than two years of work experience noted maximum growth
of 18% in talent demand in Dec 2018 v/s Dec 2019 comparison
The recruitment
scenario may be grim right now, but the market is gearing up for a U-turn and
there’s already a silver lining showing in the Automobiles sector. The
sector is actively hiring for the Production/Manufacturing, Sales Business
Development, and Quality Control job roles. As per TimesJobs RecruiteX Dec 2019
report, the Automobiles sector noted an 8% growth in talent demand in the M-o-M
analysis.
TimesJobs RecruiteX is a monthly recruitment index that records the
demand and supply of talent at India Inc. The RecruiteX Dec 2019 edition
reveals that the Projects/Infrastructure sector posted the highest
growth of 14% in talent demand, followed by the Automobiles/Auto Component/Auto
Ancillary sector which recorded 8% uptick in Nov 2019 v/s Dec 2019 study of
talent demand.
Elaborating on the findings of the RecruiteX Dec 2019 report, Sanjay
Goyal, Business Head, TimesJobs and TechGig said, “The hiring sentiment
right now is hinting at the ‘revival mode’. The Automobiles sector is a classic
example here. The sector is undergoing a major revamp in its offerings as
electric vehicles, and alongside it is also prepping up its personnel
requirement to fit the new scheme of things.
In Dec 2019, the sector was
actively looking for professionals who can make (R&D) and sell the new
product lines. The Production/Manufacturing and Sales Business Development were
most in-demand job profiles in Dec 2019 in the Automobiles sector. This is a
much-needed push in the recruitment market.”
Key findings from the RecruiteX Dec 2019 edition are –
Industrial sector-wise top gainers in talent demand:
· M-o-M analysis: Projects/Infrastructure sector topped the
sector-wise tally of talent demand with 14% growth in Dec 2019. The
Automobiles/Auto Component/Auto Ancillary sector followed in with an 8% uptick
in talent demand during the said period.
· Y-o-Y analysis: The Dec 2018 v/s Dec 2019 comparison shows
that Retail, Projects/Infrastructure, and Logistics/Warehousing industries
witnessed maximum growth in talent demand. The Retail sector posted over 30%
growth in talent demand, followed by the Projects/Infrastructure sector which
saw a 20% upturn in the talent demand.
Functional area-wise top gainers in talent demand:
· M-o-M analysis: In Dec 2019, Content/Editors/Journalists
profiles were most sought after with a 12% growth in talent demand.
· Y-o-Y analysis: The IT/Telecom and Customer
Services/Tele-Calling were the most in-demand profiles in the review period.
City-wise top gainers in talent demand:
· M-o-M analysis: Tier-II cities were the top job hubs in Dec
2019, with Ahmedabad recording the highest growth of 10% in talent demand. City
Beautiful Chandigarh followed with a 9% growth in talent demand.
· Y-o-Y analysis: Hyderabad/Secunderabad topped the city-wise
list, noting over 30% growth in talent demand. Lucknow
Work experience-wise top gainers in talent demand:
· M-o-M analysis: People with 2-5 years of work experience had
the highest talent demand in Dec 2019.
. Y-o-Y analysis: Freshers i.e. professionals with less than two
years of work experience were most sought after with 18% growth in talent
demand. This was followed by the demand for professionals with 10-20 years of
work experience.
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