Consulting Services Top Hiring Sector; Talent Demand Slows Down
Overall, hiring dropped during August 2017. Key employment sectors and functional areas contributed to the decline in hiring
Talent demand dropped by 6 per cent during August 2017, revealed a study by RecruiteX - the recruitment index by TimesJobs. Consulting services was the top hiring sector during August 2017. Automobiles sectors also saw nominal rise in talent demand during the month.
Overall, hiring dropped during August 2017. Key employment sectors and functional areas contributed to the decline in hiring.
IT/telecom and logistics sector posted significant drop in talent demand. Content, editors and journalism professionals reported rise in talent demand.
Among key locations, tier II locations posted maximum increase in demand. Vadodara was the top hiring location in August 2017. Delhi-NCR was able to sustain the hiring momentum in metros with mere 1 per cent rise in hiring activity in August.
Among states, Gujarat posted 25 per cent rise in talent demand. Hiring dropped across experience categories, with professionals having more than 20 years of experience witnessing highest drop in demand.
Consulting services sector posted 2 per cent rise in talent demand n Content writers, editors and journalists reported 2 per cent rise in demand n Among top ten locations, Vadodara witnessed 17 per cent rise in demand n Professionals with over 20 years of experience posted 17 per cent drop.
Candidates with over 20 years of experience reported 17 per cent drop in demand Professionals with less than 2 and 10-20 years of experience posted 9 per cent drop in demand Candidates with 5-10 years of experience witnessed 4 per cent drop in demand.