IT Sector Recovery Fuels 6% Job Market Growth

• White-collar hiring saw a 6% growth in September, driven by the IT sector.
• The Naukri JobSpeak Index marked a 6% YoY growth, reaching 2,727 points.
• The IT sector showed an 18% YoY growth in hiring, with non-traditional IT hubs showing significant growth.
• Jaipur and Kolkata led in IT roles growth with 47% and 32% YoY increases respectively.
• Hiring for professionals with over 16 years of experience in the IT sector grew by 35% YoY, driven by Unicorns and foreign MNCs.

Source: Business Standard