activity dips 61% in May in India

- Advertisement -

Hit by Covid-19 pandemic and nationwide lockdown, India saw a huge decline of 61% in hiring activity in May, the second consecutive month where the hiring activity registered a dip of more than 60%, job portal said on Monday.

The May decline in hiring was led by hotel, restaurant, travel and airlines industries (-91%), followed by retail (-87%), auto/ancillary (-76%), and BFSI (-70%).

“The extension of the lockdown has resulted in a continued decline in hiring activity for the third consecutive month,” said Pawan Goyal, Chief Business Officer,

In a recently conducted survey with recruiters and HR heads, about 39% said that critical hiring is still taking place and we are seeing the same on the site with industries such as pharma, healthcare, insurance and IT-software posting jobs during the lockdown.

“At our end, we are also making all efforts to ensure that hiring and discovery of talent is effortless and under the ‘Step-Up’ initiative, have enabled easy access and discovery of laid-off jobseekers to recruiters,” Goyal said in a statement.

The job market across cities registered a double-digit dip in hiring of more than 50%, according to ‘The NaukriJobSpeak Index’ for May.

The decline was led by metros wherein Kolkata declined by 68%, followed by Delhi (-67%) and Mumbai (-67%).

There was an across the board decline in hiring at varied experience levels with the entry-level experience bands (0 to 3 years experience) witnessing the sharpest decline of 66%.

A latest survey by revealed last last month that at least one in 10 Indian jobseeker confirmed he or she has been laid off and nearly three in 10 jobseekers fear a layoff was imminent.

Out of the 10% of jobseekers who have already been laid off, 15% were from the airlines and e-commerce industry each and around 14% were from the hospitality industry.

Around 13% of the laid-off employees were senior professionals with over 11 years of work experience and were working in either sales (12%), HR and admin (12%), marketing (11%) or operations/supply chain (11%) roles.

While the hiring activity is down by 61%, it is encouraging to see that more than 50% of jobseekers are utilizing the time at hand due to the lockdown for self-development and career advancement, as per the latest Naukri survey conducted with 50,000 jobseekers.

Data science and analytics courses (22%) followed by digital marketing (20%) and finance and risk management (16%) were among the top courses being picked up by jobseekers to up-skill

- Advertisement -