Hiring slows in Nov after pre-festive season rush
8 Dec 2021 by Economic Times
CHENNAI: Hiring activity paused in November with active job opening staying flat on a month-on-month basis. However, vacancies were up nearly 30% year-on-year.
Job portals and headhunters TOI spoke to said that there was a cautious optimism across verticals this month as pre-festive season hiring was very robust this year. Given the buoyancy in hiring action witnessed over the last few quarters, the drop in volume in November is “a blip in the radar”, they said. Active job openings in November at around 295,000 were 8% lower compared to 320,000 jobs in October but around 10% higher than the same month last year, specialist staffing firm
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