Corporate Updates

Talent demand rises for the fifth month; records 22% Y-o-Y growth

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The 22% Year-over-Year growth in May 2019 has made it the fifth consecutive month this year that recorded an upsurge in the talent demand, reveals TimesJobs RecruiteX May 2019 report.

With maximum talent demand in Automobiles and Construction sectors, the May 2019 edition of RecruiteX noted a 6% Month-over-Month gain in talent demand.

Commenting on the findings by the TimesJobs RecruiteX May 2019 edition, Sanjay Goyal, Business Head, TimesJobs and TechGig said, “The Automobiles sector is one of the strongest pillars of the Indian economy. Presently, the sector is witnessing new product launches, the advent of new international brands in India and is also gearing up for new policies that encourage the mass production of electric vehicles. The Automobiles sector is witnessing a shift in its way of working as well. It’s no surprise that the sector claimed highest talent demand in May 2019”.

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In May 2019, Automobiles sector with 15% share has shown the maximum talent demand followed by Construction sector with 14% and BPO/ITeS sector with 10%.

Interestingly in April 2019, the Automobiles sector was on the fifth spot with 3% talent demand. However, the Healthcare sector with maximum talent demand (12%) last month has slipped to ninth spot in the May 2019 tally with just 3% talent demand.

As far as online recruitment activity is concerned, Chennai was on top with 29% followed by Lucknow with 24% and Mumbai with 18%.

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