NEW DELHI : Hiring activities declined by 61 per cent in May due to the nationwide lockdown to contain COVID-19 pandemic, according to a report.
This is the second consecutive month of more than 60 per cent decline in hiring activities.Recruitment declined 61 per cent to 910 job postings in May compared to 2,346 in the same month last year, according to NaukriJobSpeak Index.NaukriJobSpeak is a monthly index, which calculates and records hiring activities based on the job listings on Naukri.com.The report further revealed that the May decline in hiring is led by industries like hotel, restaurant, travel, airlines (91 per cent), retail (87 per cent), auto, ancillary (76 per cent) and BFSI (70 per cent).The job market across cities registered.