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BFSI and Retail industry have the highest number of job openings: Spectrum Talent Management

BFSI and Retail are the top two sectors which had the highest number of job openings in the last six months, according to a report by Spectrum Talent Management.

According to the report “Spectrum Talent Management Employment Report 2022,” BFSI and Retail are closely followed by IT, Manufacturing, Chemicals & Pharma, and Automotive.

Additionally, it was found that Mumbai, Chennai, Bengaluru, Hyderabad, Delhi-NCR, and Kolkata are the top five cities that have recorded the highest number of hirings consistently.

According to a statement, the report showed that there is a sizable demand for entry-level hiring across sectors, with a 25% growth in freshers recruitment. 

The survey also noted that cities like Baroda, Bhuvaneshwar, Pune, Kochi, and Jaipur have seen an increase in demand for recruiting at Tier II and Tier III levels. Even big towns like Chandigarh, Coimbatore, and Trivandrum have created a significant demand for jobs.

Sidharth Agarwal, Director, Spectrum Talent Management, said, “We have already witnessed a surge in hiring post-two-year hiatus of a global pandemic. But no one is immune to economic head turns, and a slowdown is expected across industries.”

“Amidst all the economic slowdown concerns, many sectors are flourishing with job openings. With an excellent Q1 for many businesses, Q2 will be a more definitive period to determine the hiring projection for the rest of the year,” added Agarwal.

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BRL Editorhttps://businessreviewlive.com
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