With economic activity showing an impressive recovery from the grip of the pandemic, hiring demand rose 6% year-on-year in March, according to the Monster Employment Index (MEI).
Even as a marginal dip of 2.4% was witnessed in month-on-month hiring activity, owing to the appraisal season, the MEI remained positive from an annual perspective as recruitment activity continued across a broad range of sectors.
In March, online recruitment activity exceeded the year-ago level in 11 out of the 13 cities monitored by the index. All metros registered a double-digit growth on an annual basis.
Mumbai (up 21%) led all the monitored cities for the first time on a yearly basis followed by Coimbatore (up 20%), Chennai and Hyderabad (up 16% each).