Bangalore, Delhi-NCR, Mumbai, Pune, and Hyderabad leading the job generation market in 2022: Survey

Bangalore, Delhi-NCR, Mumbai, Pune, and Hyderabad leading the job generation market in 2022: Survey

Avsar, a one-stop solution for all talent management needs, has been revealed in a survey, the cities and sectors generating the maximum jobs in the country. In the rapidly growing employment scenario, IT emerges as the topmost sector generating jobs, with a 96% rise in job openings in the last two quarters. The top cities to offer these jobs were Bangalore, Delhi-NCR, Mumbai, Pune, and Hyderabad. Other sectors leading in generating the highest employment in 2022 are E-commerce, BFSI, and FMCG.

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The survey also shares the entry-level hiring trend, which has grown significantly. Employers demand fresh talent, and as a result, there has been a 30% yearly growth in entry-level talent recruitment in June 2022. Specifically, in Mumbai, recruitment of entry-level professionals soared by 93%. Considering the sectors, travel and hospitality experienced a rise of 158%, and insurance witnessed a growth of 101% in hiring entry-level talent. Fresher recruitment in Accounting and Finance, BFSI and education grew about 85-95% and 70%, respectively.

Highlighting the post-Covid scenario, the report states that various candidates are not looking for full-time or in-office work opportunities. Currently, 75% of the workforce is hybrid and remote, suggesting that the hybrid model will be the future of workplaces. Analyzing the trajectory of the job market so far, the study also foresees a progressive future. It points out that the employment scenario in the last quarter of 2022 will witness 30-35% growth.

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February 2024

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