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Most In-Demand Jobs Right Now Amid 2022 COVID-19 Surge, CIvil, Telecom Lose Fast

Demand for talent jumped 12% year-over-year in December 2021, highlighting an optimistic recovery cycle at the end of the year. According to the Monster Employment Index, robust growth in hiring activity has been seen over the past six months with a 6% rise, while December 2021 saw a monthly slope of 2% in December 2021 compared to the previous month.

Across all sectors, December 2021 saw the retail and food & beverage sectors see a positive slope of 12%, driven by multi-channel approaches, technology adoption and government initiatives. Demand for roles in the health sector saw a 6% increase due to the increase in covid-19 cases in the country, while roles in human resources and administration (5%) and finance and accounting (4%) also saw an increase. the month.

A year-on-year comparison (December 2021 vs. December 2020) indicates that sectors such as retail (14%) and travel and tourism (4%) have seen a revival and are still expected to grow in 2022. In addition, Tier-2 cities such as Kolkata (13%), Coimbatore (11%), Kochi (5%) and Baroda (2%) have observed a favorable increase in hiring activity with the metropolitan cities.

Retail, agro, consumer packaged goods, real estate and healthcare sectors show optimistic hiring trends

With the adoption of multi-channel approaches and enabling technologies, the retail sector (12%) is leading the way to recovery with the strongest monthly growth in hiring intentions. Agribusiness (12 percent) also forecast positive growth trends, helped by government initiatives to boost agro-technology.

FMCG, Food and Packaged Food (7%), Printing/Packaging (7%), Banking/Financial Services and Insurance (5%) showed a positive increase. Industries such as real estate (6%) which saw an increase in demand for office space, healthcare, biotechnology and life sciences, pharmaceuticals (4%), and hardware IT, software (3%) rebounded from the previous month.

In contrast, the telecommunications/ISP (-9%) and engineering, cement, construction, iron/steel (-7%) sectors saw the largest monthly declines in job offers. employment, follow-ups of maritime/maritime transport, logistics, courier. /freight/transportation, travel and tourism, and education, respectively marking a 1% decline in job posting activity (December 2021 vs. November 2021).

On a yearly basis, hiring demand fell in 22 of the 27 industries monitored by the index. Office equipment/automation (86%) continued to see a substantial increase in job demand in the month of December 2021 given the immense adoption of automation across all industries during the pandemic (December 2021 over December 2020).

Printing/Packaging (36%), BFSI (35%), Hardware, Software (30%) and Telecom/ISP (23%) also saw an increase in job posting activity employment. Promisingly, sectors such as retail (14%) and travel and tourism (4%) are doing well, unlike a decline in previous months, as they pave the way for a recovery. after the ramifications of the pandemic. .

Tier 2 cities show positive month-over-month recovery

Positively, 11 of the 13 cities tracked by the index showed optimistic growth prospects with Bangalore (5%), Mumbai (4%), Delhi-NCR (4%), Hyderabad (4%), Pune (3 %), Kolkata (3%), Chennai (3%), Kochi (3%), Jaipur (3%), Coimbatore (2%) and Ahmedabad (1%) looking up, while Chandigarh saw stabilized growth . As these cities have seen a decline in hiring activity over the past month, it is reassuring to note this positive slope in December 2021.

Demand for talent in Tier 2 cities is estimated to improve in the coming months as companies return to remote working given employee safety amid rising Covid-19 cases. However, Baroda (-1%) continued to show a slight decline in hiring activity, mainly due to the downturn in the media and entertainment industry (-24%) across the city (December 2021 compared to November 2021).

In December 2021, compared to December 2020, a similar trend followed, with a majority of cities showing a positive increase in demand. Bangalore (29%) recorded the highest growth, followed by metros Hyderabad (22%), Pune (20%), Chennai (19%) and Mumbai (15%). Kolkata (13%) continued to show encouraging growth, as did Delhi-NCR (11%), Coimbatore (11%), Kochi (5%) and Baroda (2%).

Healthcare is conducted with the highest hiring intent

As India grappled with new Covid-19 variant Omicron and understaffed healthcare sector, data from the index indicates demand for healthcare professionals increased in the month of December 2021 with a growth of 6% month-over-month (December 2021 vs November 2021).

Human resources and administration (5%), finance and accounting (4%), software, hardware, telecommunications (2%) and senior management (2%) followed with positive growth figures. Hospitality and travel roles saw moderate growth during the month. Among functions, Purchasing/Logistics/Supply Chain (-4%), Customer Service (-1%) and Arts/Creative (-1%) showed a decline in hiring demand.

Hiring for positions in software, hardware, telecommunications (29%), finance and accounting (27%), senior management (24%), human resources and administration (21%) and marketing and communications (3%) had a positive slope year-over-year (December 2021 vs. December 2020). However, Sales & Business Development (-20%) and Customer Service (-13%) saw consecutive declines this month, along with Healthcare (-6%) and Hospitality & Travel (- 1%). an annual decrease due to the pandemic.

Entry-Level and Intermediate Roles Show Highest Hiring Intent in December 2021

Across all experience levels, demand for entry-level positions (0-3 years) saw a positive slope in hiring activity, leading to the highest growth at 2%. This indicates promising prospects for hiring new entrants in the coming months. Hiring demand for the intermediate level (4-6 years old) also saw an increase of 2%, the intermediate level (7-10 years old) increased slightly by 1%, and the upper level (11-15 years old) experienced moderate growth. It should be noted that after months of positive growth, demand for Top Management (over 15) has been on a downward trend with a 1% decline in hiring activity in December 2021 (December 2021 vs November 2021).

Index data indicates that the demand for management positions (over 15 years) has seen considerable year-on-year growth at 64% due to increasing changes in the hierarchy and management of the company during the pandemic (December 2021 versus December 2020). Mid-Level Professionals (7-10 years) also saw positive growth of 37%, Mid-Level (4-6 years) a 30% decline, and Senior Level (11-15 years) a 21% increase. . Hiring demand for entry-level professionals (0-3 years) saw a relatively marginal growth of 9% in December 2021 compared to the previous year.

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