Insurance, IT services lead improvement in hiring activity:

Insurance, IT services lead improvement in hiring activity

The overall hiring activity in the country has improved by 14% during December 2020, compared to the previous month mainly led by insurance, auto and ancillary sectors, according to a report.

The Naukri JobSpeak Index for December 2020, at 1,972, witnessed an increase of 14% in hiring activity as compared to November 2020, when it stood at 1,727.

On a year-on-year basis, the overall hiring witnessed a decline of 10% in December 2020, the lowest decline in the post-COVID months.

“The year 2020 was full of challenges and hiring across key industries bore the brunt of the pandemic. While hiring in April, May, June of 2020 was down by 56% compared to last year, subsequent quarters showed a steady recovery,” Chief Business Officer Pawan Goyal said.

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