Job postings for Top Management level professionals, with 16 or more years of experience, witnessed a significant growth of 66% year-on-year.
Monster Employment Index, the most reliable and comprehensive job analysis report by Monster.com, a Quess Company, has published its findings for May 2021, providing insights into the job market across industries, cities, and functions.
May has been promising showing growth despite the second wave and lockdowns. Compared to April 2021, May showed a growth of 1%, whereas May 2021 grew 4% compared to May 2020.
Overall job postings have also increased by 4% year-on-year (May 2021 vs. May 2020). When it comes to hiring for the Top Management level professionals, with 16 or more years of work experience, witnessed a growth of 66% year-on-year (May 2021 vs. May 2020).
While April 2021 witnessed a dip in job postings given the onset of the second wave of the pandemic, May 2021 showed green shoots of recovery. IT - Hardware, Software hiring witnessed a year-on-year growth of 67% in Bangalore and 49% in Hyderabad. Industries that indicate the highest year-on-year growth in hiring across the key cities are Banking/ Financial Services, Insurance and IT - Hardware, Software.
Source: People matters
