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White-collar jobs return with 2.90 lakh openings in July
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AFP
For the first time since the beginning of the Covid-19 pandemic, white-collar hiring in some of the worst-hit sectors such as travel & tourism, hotel & hospitality, retail & recreation, and automobiles is witnessing signs of a recovery.
These sectors posted more than 12,000 active job openings in July alone, showed data from LinkedIn and top company job boards, put together by specialist staffing firm Xpheno.
The total number of active jobs in the past month was 290,000, amid resurgence of a wider range of commercial activities, green shoots of hiring in sectors that were lying nearly dormant since the start of the pandemic, as well as more employment opportunities in segments that are on an accelerated growth path.
Synopsis
Vaccination will play the most crucial role in economic recovery, keeping businesses and hiring plans on agrowth path, said business leaders and job market experts.
Job seekers can hope for better days ahead as India Inc’s ‘intent to hire’ in July-September marks its highest level in the past 15 months, according to a survey of 700 small, medium and large companies across 21 sectors.
The latest TeamLease Employment Outlook Report, shared exclusively with ET, showed that 38% of the companies surveyed intend to hire in this quarter, up from 34% in April-June, despite fears of a possible third wave of the Covid-19 pandemic.