India’s hiring activity rises 5% in August after five-month decline, but IT hiring stays weak
- India’s hiring activity rises 5% month-on-month in August, ending a five-month decline.
- Despite the recovery, hiring remains 18% below its February peak, showing the job market is still under pressure.
- IT hiring continues to weaken, although demand for newer technology and AI-related skills remains strong.
- Travel and tourism leads hiring growth at 22%, while healthcare, real estate and engineering also see gains.
Source: financialexpress.com
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