• Healthcare/Biotechnology sector noted maximum growth in talent demand, followed by Petrochemicals/Oil and Gas and Projects/Infrastructure sectors• Healthcare/Biotechnology sector was among the top three hiring sectors in March 2019 as well
New Delhi, India, May 9, 2019 : The online hiring activity posted 9% Y-o-Y growth and 2% M-o-M gain in April 2019, reports TimesJobs RecruiteX – the monthly index which tabulates hiring trends from India Inc. April 2019 is the fourth consecutive month since January 2019 to witness an uptick in the Y-o-Y comparison of the online hiring activities. Also, the report highlights that April 2019 Y-o-Y performance (9%) is better than March 2019 (7%).
Healthcare/Biotechnology sector is bullish on hiring
The Healthcare/Biotechnology sector posted the highest talent demand (at 12% growth) in April 2019 over March 2019. The Healthcare/ Biotechnology sector was also among the top three hiring sectors in March 2019. In the sector-wise analysis, Petrochemicals/Oil and Gas and Projects/Infrastructure sector recorded 11% and 9% M-o-M growth, respectively. The Y-o-Y comparison of April 2019 to April 2018 tells that IT/Telecom, BFSI and Healthcare/Biotechnology were the top three hiring sectors. However, in April 2019, the talent demand in high-volume sectors such as IT and BFSI was flat to negative.
Adding on to the findings of TimesJobs RecruiteX April 2019 edition, Sanjay Goyal, Business Head, TimesJobs and TechGig said, “India Inc. is positive about hiring, especially in the sectors such as Healthcare/Biotechnology and Petrochemicals/Oil & Gas. Historically, these sectors experience moderate to slow job growth rate but this time they are leading the demand. A detailed study of the index shows that talent demand in April 2019 was better than March 2019.”
A study of talent demand in April 2019 revealed that Doctors/Nurses were most sought after, followed by Engineers and Logistics professionals. In April 2018, Sales/Business Development, IT/Telecom and Customer Services/ Tele Calling roles were in demand. The location-wise analysis of talent demand in April 2019 showed that most jobs were posted for Jaipur. After that, Lucknow was in the second spot, followed by Chandigarh. Delhi-NCR and Bengaluru were the top job hubs among the metropolitan cities.
A comparison with April 2018 figures indicated that top job hubs then were Ahmedabad, Bengaluru and Jaipur. Jaipur has retained the exact number of jobs from April 2018 to April 19, whereas Ahmedabad saw a dip in the talent demand. Senior professionals with more than 20 years of work experience were most in demand in April 2019, followed by professionals with 10-20 years of work experience. In April 2018 too, senior professionals with more than 20 years of work experience were most in demand. Overall, April 2019 saw decent growth, both in yearly and monthly comparisons.
