White-collar hiring up by 2% in March 2023

The increase was driven mainly by demand in the retail, telecom, and tourism sectors

April 12, 2023

Hiring demand for gig workers in the white-collar sector was up by 11% on a year-on-year basis

Information Technology (IT), recruitment and staffing, and education & edtech are the industries with the highest demand for gig jobs

In terms of cities, Ahmedabad witnessed the highest annual growth in online hiring activity

Kolkata witnessed a 24% decline in the job posting

White-collar hiring in India grew by 2% year-on-year in March, driven mainly by demand in the retail, telecom, and tourism sectors, according to a new report. 

The report claims that demand for gig workers in the white-collar sector saw an increase as companies look at easier onboarding processes and higher cost savings. Gig workers registered a growth of 11% on a YoY basis. The report revealed that IT (22%), recruitment and staffing (18%), and education and edtech (13%) are the industries with the highest demand for gig jobs.

Other sought-after roles included interns for sales and business development roles, as well as marketing positions.

According to the report, job creation rates have stabilized overall, possibly due to rising uncertainties caused by international developments, such as changes in US economic policies (including H1-B visas) and fluctuating oil prices.

The report also said that hiring demand for media and entertainment and import-export declined by 12-13% in March, while IT, telecom, and manufacturing experienced a 3-4% drop compared to February 2023.

In terms of cities, Ahmedabad witnessed the highest annual growth in online hiring activity with a 12% rise, followed by Mumbai (3%), Chandigarh (2%) and Jaipur (1%).

However, Kolkata witnessed a 24% decline in the job posting, followed by Bangalore (15%), Coimbatore (9%) and Hyderabad (7%), the report said.

Source: Economic Times

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