- According to a survey by Monster.com, in the last six months hiring in these two cities went up by 11% and 5% respectively.
- Hiring is higher in Tier 2 cities like Baroda than metros like Delhi or Mumbai.
- As many as 27 sectors in India including automobile, agriculture industry, and the consumer goods industry faced the slowdown with metros bearing the most
There has been a tectonic shift in job growth geographically too.
"Tier 2 cities led the demand, sectors like retail, telecom, and professions, including hospitality and travel and finance and accounting. There are certain sectors including agro-based industries, automotive and consumer goods and FMCG that need attention to revive demand," said Krish Seshadri, CEO, APAC & Gulf – Monster.com
Both Mumbai and Bangalore grew at 0% and 1% respectively in the first half of 2019, the report said. Kochi and Chennai too have fewer jobs as hiring de-grew by 1% each. Chandigarh however tops the list with 7% de-growth, as per online hiring demand that jobs portal that Monster observed.
Hiring in cities like Delhi and Hyderabad grew by 3% percent, and Bangalore was at 1%.
Overall however the online hiring went up. "The online hiring demand has witnessed a 16% increase between the first half of 2018 and 2019,” Krish Seshadri, CEO of APAC and Gulf – Monster.com said.
As many as 27 sectors in India including automobile, agriculture industry, the consumer goods industry are affected by slowdown with metros bearing most of the brunt. The worst however is the agriculture industry saw a steep decline of 51% in hiring between January and June 2019.
However, the telecom industry which is looking forward to growth in 5G, has registered a healthy 22% growth. But it is retail which topped the list with 27%.