financetom
Economy
financetom
/
Economy
/
Job posting activity in Sept sees stable monthly growth of 1%: Report
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Job posting activity in Sept sees stable monthly growth of 1%: Report
Oct 19, 2021 11:50 AM

Hiring demand has increased 1 percent sequentially in September, led by printing and packaging on account of rising online sales, followed by BPO and ITeS, as well as import and export, according to a report.

Share Market Live

NSE

Compared with August, September saw a stable monthly growth of 1 percent in job posting activity this year, according to the Monster Employment Index by Monster.com, a Quess company.

In September 2021, hiring demand for printing and packaging grew 11 per cent sequentially due to rising online sales, followed by an uptick in industries such as BPO/ITeS (5 percent), import/export (4 percent), retail (2 percent) and travel and tourism (2 percent), it added.

Meanwhile, job postings improved by 9 percent year-on-year in September compared to the same month in 2020, indicating an optimistic outlook for the rest of the year, the report noted.

Data from the index also indicated that hiring demand has increased by 8 percent in the past six months, even with the impact of the second wave of the pandemic, it added. The Monster Employment Index is a broad and comprehensive analysis of monthly online job posting activity conducted by Monster India.

In September 2021, location-wise data indicated that cities of Baroda (3 percent), Ahmedabad (1 percent), and Delhi-NCR (1 percent) witnessed a positive uptick in job posting activity compared to the previous month. However, there was a monthly decline in hiring in most metro cities, including Kolkata (-4 percent), Chennai (-4 percent), Bengaluru (-3 percent), Pune (-2 percent), Hyderabad (-2 percent) and Mumbai (-1 percent), in contrast to their performance over the past few months, the report said.

This trend could be on the rationale of back-to-office trends and remote working preferences of the workforce, it said. Nevertheless, metro cities continue to lead with significant hiring activity year-on-year (September 2021 vs September 2020) with Bengaluru (38 percent), Pune (22 percent), Hyderabad (20 percent), Chennai (18 percent), Delhi (6 percent) and Mumbai (4 percent) showing a promising uptick, the report stated.

Online demand for professionals in purchase/logistics/supply chain (7 percent) led, with the highest monthly growth, given the persistent rise of e-commerce in India. Roles in arts/creative (6 percent), senior management (5 percent), HR and admin (4 percent) and finance and accounts (1 percent) also witnessed an uptick in job postings month-on-month, the report said.

However, occupations such as legal (-4 percent), sales and business development (-4 percent), software, hardware, telecom (-3 percent), hospitality and travel (-2 percent) and health care (-1 percent) saw a fall in job posting activities in September 2021, it stated.

Monster.com CEO Sekhar Garisa said, "As we approach the end of the quarter, it is promising to see that we have witnessed 6 percent growth in hiring activity over the last three months. With imminent festive sales and significant increase in e-commerce activities, it is notable that job roles for logistics and supply chain are well in demand." Garisa added. With emerging back-to-office trends and increased vaccination efforts, "we are bound to see a change in the Indian recruitment space for the better,” he said.

(Edited by : Shoma Bhattacharjee)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Mastercard beats profit estimates as transaction volumes hold strong
Mastercard beats profit estimates as transaction volumes hold strong
Oct 30, 2025
(Reuters) -Mastercard ( MA ) beat Wall Street expectations for third-quarter profit on Thursday, as sustained consumer spending boosted its payment volumes. Consumer spending has proven resilient, while labor market cracks and sticky inflation continue to fuel concerns over U.S. President Donald Trump's trade and immigration policies. Mastercard's ( MA ) earnings round off the earnings season for card companies,...
US Treasury's Bessent says Fed's language shows they are 'stuck in the past'
US Treasury's Bessent says Fed's language shows they are 'stuck in the past'
Oct 30, 2025
WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Thursday applauded the Federal Reserve's decision to cut interest rates by a quarter percentage point, but said comments casting doubt on another rate cut this year showed the institution needed a major revamp. Bessent told Fox Business Channel's Mornings with Maria that he would carry out a second round of interviews of...
Taiwan, still without a tariff deal, talks trade with US at APEC
Taiwan, still without a tariff deal, talks trade with US at APEC
Oct 30, 2025
GYEONGJU, South Korea, Oct 30 (Reuters) - Taiwan's top trade negotiator said on Thursday that she had met with a senior U.S. trade official on the sidelines of the APEC summit in South Korea, but could not provide any details of what they discussed. Taiwan's exports to the United States are subject to a 20% tariff, though Taiwan has been...
US Dollar Rises Early Thursday Before Light Data Schedule, Fed Speakers
US Dollar Rises Early Thursday Before Light Data Schedule, Fed Speakers
Oct 30, 2025
07:55 AM EDT, 10/30/2025 (MT Newswires) -- The US dollar rose against its major trading partners early Thursday, except for a decline versus the euro, before a light data schedule that includes only weekly natural gas stocks at 10:30 am ET. A day after the Federal Open Market Committee lowered its target federal funds rate by 25 basis points with...
Copyright 2023-2026 - www.financetom.com All Rights Reserved