New Delhi: Hit by Covid-19 pandemic and nationwide lockdown, India saw a huge decline of 61 per cent in hiring activity in May, the second consecutive month where the hiring activity registered a dip of more than 60 per cent, job portal Naukri.com said on Monday.
The May decline in hiring was led by hotel, restaurant, travel and airlines industries (-91 per cent), followed by retail (-87 per cent), auto/ancillary (-76 per cent), and BFSI (-70 per cent).
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, Naukri.com.
In a recently conducted survey with recruiters and HR heads, about 39 per cent 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.