Recovering IT sector leads job market to clock 6% growth in Sep: Report

White-collar hiring activity witnessed a 6 per cent growth in September compared to the same month last year, mainly driven by a recovering IT sector, a report said on Thursday.

The Naukri JobSpeak Index reached 2,727 points in September, marking a 6 per cent year-on-year (YoY) growth, it said.

This positive trend was largely driven by a resurgent IT sector, which demonstrated 18 per cent YoY growth in hiring activity.

Non-traditional IT hubs showed significant growth, potentially indicating a geographical diversification trend.

Jaipur led the pack with a 47 per cent YoY increase in IT roles, followed by Kolkata at 32 per cent, the report said.

The IT sector also saw a 35 per cent YoY growth in hiring for professionals with over 16 years of experience. Unicorns and foreign MNCs were key drivers of this growth, with 16 per cent and 14 per cent YoY increases, respectively, it added.

Sectors such as FMCG (23 per cent) and oil and gas (13 per cent) also exhibited strong growth, said