Sectors such as BPO, education,  retail  and healthcare  showed  cautious hiring  activity,  with year-on-year declines of 17%, 11%,  11%  and  10% respectively.  

  Recruitment of office workers  in India  saw  a significant  decline of 16%  in December compared to the same  month last  year.  A cautious  hiring  sentiment prevails  across various sectors, including IT, BPO, education,  retail  and healthcare,  according to  a report  released  on Tuesday.  Here’s the industry  analysis: 

  The  IT  industry’s struggles continue:  

 According to  Naukri JobSpeak Index, the IT sector  continues  to face  many  challenges, contributing to  a 16% decrease in the  overall  index.  The sector  saw  a  significant 21% increase  in hiring compared to December 2022 and a  4% decrease  compared to November 2023. Despite the  general  caution in the IT industry,  some positions,  including full-stack data  scientists,  IT infrastructure  engineers,  and automation  engineers, are still seeing quite good  hiring  activity.  

  Growth in the hospitality sector:  

 The hospitality sector continued its growth momentum,  seeing  a 4% increase in  recruitment  compared to December last year. The highest  employment  growth in this sector was  recorded  in Mumbai and Delhi-NCR. 

  Be cautious  in  many areas:  

 Sectors such as BPO, education,  retail  and healthcare  showed  cautious hiring  activity,  with year-on-year declines of 17%, 11%,  11%  and  10% respectively.  

 Stability  of  the oil and gas  industry: 

 Although the oil and gas industry  did not  see significant  growth in new  jobs  in December 2023, it  remained on par with  the same month  last year. The rise of  the  pharmaceutical industry:  

 The  pharmaceutical industry  saw a 2% increase in hiring in December 2023 compared to the corresponding month  of  2022, with maximum growth in new job  openings  in Ahmedabad,  Vadodara  and Mumbai. 

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