White-collar hiring in India up 10 pc in October, freshers’ jobs up 6 pc [Video]

The white-collar hiring activity in India saw robust growth in October with a significant 10 per cent increase (year-on-year), with sectors like oil and gas, pharma/biotech, FMCG and IT emerging as primary drivers of this positive trend, according to a report on Monday.

Artificial intelligence/machine learning (AI/ML) roles showed exceptional growth at 39 per cent year-on-year and 2 per cent month-on-month, according to data by The Naukri JobSpeak Index.

ML engineer roles saw a remarkable 75 per cent growth. Notably, hiring in IT sector showed positive growth in four out of seven months this fiscal, auguring well for balance of year trends.

After a sluggish performance throughout the year, hiring for freshers showed encouraging signs with a 6 per cent year-on-year growth in October.

“The accelerating pace of fresher hiring is a strong indicator of business confidence and presents exciting opportunities for upcoming graduates,” said Dr Pawan Goyal, Chief Business Officer, …