New Delhi, October 19, 2021: Riding high on relaxed COVID-19 curbs, festive spirit and a positive consumer sentiment, Retail and FMCG sectors posted maximum talent demand in M-o-M analysis in Sept’21. Retail noted a 18% growth, followed by Consumer Durables/FMCG sector which noted 10% growth. The Construction/Cement sector posted 7% growth in talent demand in Aug’21 v/s Sept’21 comparison, reported TimesJobs RecruiteX. TimesJobs RecruiteX is a monthly recruitment index that records the demand and supply of talent at India Inc.
A Y-o-Y analysis of talent demand revealed that the FMCG, IT/Telecom and Retail sectors topped the talent demand charts with double-digit growth. FMCG had the highest Y-o-Y growth of 22%, followed by IT/Telecom which clocked 20% increment, while Retail saw 18% annual growth.
An in-depth analysis of functional areas revealed that Engineering and Front Office/ Administration roles were most in demand in Sept’21. While both these saw single-digit growth, the Logistics/ Supply Chain Management role saw a stagnation in talent demand with no growth, no loss as such. Rest all job roles were in the red, plummeting from their Aug’21 talent demand indices.
A location-wise study indicated that Indore was the top job hub in Sept’21 with 30% growth in talent demand followed by Lucknow’s 2% growth in the M-o-M study. Chandigarh saw no improvement, or loss in the talent demand indices when compared to its Aug’21 stats. All other cities, including the metro cities of Delhi-NCR, Mumbai, and Bengaluru saw a dip in M-o-M study of talent demand.
Commenting on the findings of RecruiteX Sept’21 edition, Sanjay Goyal, Business Head, TimesJobs and TechGig said, “Sept’21 has been a fabulous month on many counts. The COVID-19 situation is under control, vaccination drives are in full swing, consumer sentiment is resurging and India is now home to 31 unicorns! With the kind of investment that is coming to India now, talent demand has picked up like never before. Retail and FMCG sectors are poised to dominate the talent demand charts in the coming months too.”
Here are the main highlights from RecruiteX Sept’21 edition:
Sector-wise>> Top sectors for talent demand growth
Consumer Durables/FMCG: 10%
Location wise>> Top cities for talent demand growth
Functional-area wise>> Top functional areas for talent demand growth
Front Office/ Administration: 1%
All work experience categories noted a dip in talent demand in Sept’21. Even freshers
which had the most talent demand in Aug’21 saw a dip in demand in the study month.
RecruiteX is the recruitment index for India. It is an analysis identifying the hiring activity and trends in India Inc. Based on tactful extraction and examination of jobs posted and applied for in a month at TimesJobs, it details ‘recruitment’ as a process backed by hiring sentiments of a recruiter and aspirations of the job seekers alike.