Consumer durables, FMCG & retail sectors push talent demand for festive hiring: Report
By Retail4Growth Team | October 17, 2019
Consumer durables/FMCG (5%) and retail (12%) reported growth in talent demand in September.
With the beginning of the festive season, consumer-driven sectors such as consumer durables/FMCG (5%) and retail (12%) reported growth in talent demand in September 2019, says TimesJobs RecruiteX. Healthcare/Pharmaceuticals industry recorded the highest growth in talent demand (21%) in September. TimesJobs RecruiteX is a monthly recruitment index that records the demand and supply of talent at India Inc.
In Y-o-Y analysis, both the industries posted double-digit growth in talent demand. In Sep’18 Vs Sep’19 comparison, consumer durables/FMCG and retail posted 28% and 29% growth, respectively.
The report revealed that tier-II cities such as Lucknow and Chandigarh recorded the highest growth in talent demand in September 2019 edition. A similar trend was observed on September 2018.
According to the RecruiteX report, the overall hiring activity remained flat across high-volume industries such as IT/Telecom, BFSI, Automobiles and BPO for September 2019.
Sanjay Goyal, Business Head, TimesJobs & TechGig said, “Hiring activity has been flat to negative in major sectors such as IT/Telecom, BFSI, BPO/ITeS, Automobiles due to the economic slowdown. Retail and Consumer durables/FMCG have pushed the talent demand owing to festive hiring and registered double-digit growth in Y-o-Y analysis, too. We can hope to see revival in hiring in high-volume sectors in the coming months.”
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