CosmicTaco

IT Sector Recovery Fuels 6% Job Market Growth

CosmicTaco · 2024-10-05T12:32:09.329008+05:30

- White-collar hiring saw a **6% growth** in September, driven by the IT sector. - The Naukri JobSpeak Index marked a **6% YoY growth**, reaching 2,727 points. - The IT sector showed an **18% YoY growth** in hiring, with non-traditional IT hubs showing significant growth. - Jaipur and Kolkata led in IT roles growth with **47% and 32% YoY increases** respectively. - Hiring for professionals with over 16 years of experience in the IT sector grew by **35% YoY**, driven by Unicorns and foreign MNCs. Source: [Business Standard](https://www.business-standard.com/india-news/recovering-it-sector-leads-job-market-to-clock-6-growth-in-sep-report-124100301037_1.html)

White-collar hiring saw a 6% growth in September, driven by the IT sector.
The Naukri JobSpeak Index marked a 6% YoY growth, reaching 2,727 points.
The IT sector showed an 18% YoY growth in hiring, with non-traditional IT hubs showing significant growth.
Jaipur and Kolkata led in IT roles growth with 47% and 32% YoY increases respectively.
Hiring for professionals with over 16 years of experience in the IT sector grew by 35% YoY, driven by Unicorns and foreign MNCs.

Source: Business Standard

10mo ago

Jobs

One interview, 1000+ job opportunities

Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑

+322 new users this month

JumpyPretzel

Stealth10mo

What is the growth in cities like Bangalore and Hyderabad, they never wrote.

Discover more

Curated from across

News Discussion9mo

by CosmicTacoGrapevine

India's Services Sector Rebounds Strongly in October

India's services sector saw a significant rebound in October, driven by strong domestic and international demand.
The HSBC India services PMI rose to 58.5 in October from 57.5 in September, indicating robust growth.
Job creation ...

IT Company Discussion6mo

by PeppyPretzelDeloitte

Hikes at Infosys

Infosys will roll out 6-8% salary hikes in 2025: Is the IT sector starting to look up? https://www.fortuneindia.com/enterprise/infosys-will-roll-out-6-8-salary-hikes-in-2025-is-the-it-sector-starting-to-look-up/120028

fortuneindia.com

Infosys announces 6–8% salary hike starting January 2025: Is the worst over for IT sector?

Infosys announces 6-8% salary hikes starting January 2025, plans to hire 15,000 freshers amid IT ...

Misc20mo

by JazzyNoodleOptions Trader

Indian Century✊️

Earlier someone was very skeptical about Bharat growing at 7+ %. Here you go.......live long enough to witness the journey Like I said (1.07)^50 = 29.45 times current GDP