NAUKRI

JOBSPEAK
REP RT
Hiring Trends By City, Industry
& Experience

2023
FEBRUARY
TABLE OF
CONTENTS

Industry
Overview Analysis

City Work Experience

Analysis Analysis

Methodology Annexure
 INDEX FOR
FEBRUARY 2023
February sees 9% sequential growth in hiring trends
amidst uncertainties
OVERALL HIRING TRENDS
3170
3074 3106 2890 3007
2878 3103
2832 2863 2863
2828 2762
2455

Feb Mar Apr May June July Aug Sep Oct Nov Dec Jan Feb

2022 2023
The hiring scenario in India displayed sequential growth in February 2023 over January 2023,
while staying resilient with respect to the same month last year.

Naukri JobSpeak stood at 3007 in February 2023, up by 9% against January 2023, but down
by 2% compared to last year.

IT sector signalled a positive comeback after witnessing a decline in the past few months.

Real Estate and Hospitality sectors continue to shine.

Metros re-emerge as growth drivers of job creation.

Senior professionals continue to hold sway

“At an overall level, hiring activity has seen a sequential month on

Pawan Goyal, month growth of 9% in February, which is slightly higher than the
pre-covid growth rate of 7%. The IT sector, which had been experi-
Chief Business Officer,
Naukri.com encing negative trends in the past three months, showed a sequen-
tial growth of 10% in this month's JobSpeak. This growth is an indi-
cator of changing hiring sentiments within the IT space.”
 HIRING TRENDS
ACROSS INDUSTRIES
The number of new jobs in IT sector increased by 10% in February compared to the
preceding month.

Demand for specialist roles such as Analytics Managers, Big Data Engineers, Cloud System
Administrators, and Augmented Reality QA Testers, have increased by 29%, 25%, 21% and
20% respectively.

The demand for DevOps and DevSec Engineers has increased by 19% and 18%, respectively.

This has outpaced the demand for Data Scientists and Software Developers, which has
increased by 17% and 11% respectively.

The number of new jobs in Real Estate, Hospitality, and Healthcare sectors saw double-digit
sequential growth of 13%, 10%, and 10%, respectively in February 2023 over January 2023.

Sectors such as Banking, BPO, and Retail, showed similar trends with the number of new
jobs increasing by 9%, 7%, and 7%, respectively over previous month.

+16% +13% +11% +10% +10% +10% +9% +7% -5% -7%

Auto/
Telecom Real Estate/ Travel & Medical/ IT-Software / Banking/ Retail Oil & Insurance
Auto
Property Hospitality Healthcare Software Services Finance/ Gas/Power
Ancillary
Broking

Growth Trends: Feb'23 vs Jan'23

M-O-M
Industry Feb-22 Mar-22 Apr-22 May-22 June-22 July-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23
Growth %

Telecom/ISP 621 563 607 669 622 741 664 685 517 630 612 549 636 16%

Real Estate/ Property 3302 3171 3316 3180 3083 3261 3384 4507 3140 4105 3815 3685 4169 13%

Auto/Auto Ancillary 1160 1038 1146 1152 1106 1183 1360 1201 1063 1240 1219 1193 1322 11%

IT-Software/Software Services 5560 4983 4656 4711 5069 5872 4881 5283 3825 4674 4087 4010 4428 10%

Travel & Hospitality 1432 1698 1609 1603 1468 1487 1526 1665 1492 1765 1577 1547 1705 10%

Medical/Healthcare/Hospital 6589 6248 6323 6403 5983 6402 6546 6059 5339 6559 6674 5770 6328 10%

Banking/Financial Services/Broking 3433 3138 3348 3299 3279 3731 3576 4496 3565 4335 4016 3919 4260 9%

Retail 2004 1795 1992 2055 2042 1865 1621 1849 1578 1811 1798 1611 1724 7%

BPO/ITES/CRM/Transcription 2468 2458 2659 2617 2600 2587 2325 2619 2131 2511 2249 2303 2456 7%

Pharma/Biotech/Clinical Research 2429 2117 2108 2078 1908 2081 1871 2094 1736 2154 2128 2074 2206 6%

FMCG/Foods/Beverage 2024 1842 1996 1960 1976 2203 1971 2176 1746 2096 2126 1842 1949 6%

Education/Teaching/Training 5868 5753 6321 6030 5484 5311 5040 5448 4761 5346 5208 5076 5221 3%

Oil and Gas/Power/Infrastructure/Energy 510 449 522 517 491 581 550 606 498 603 646 656 625 -5%

Insurance 2042 1541 1553 1946 1761 2124 2200 2479 2382 2398 2544 2495 2324 -7%
 HIRING TRENDS
ACROSS CITIES
Metro’s back on positive hiring trajectory.

Among the top metros, Chennai (16%), Hyderabad (14%), Bengaluru (12%), and Pune (12%),
driven by IT sector, witnessed double-digit growth in hiring activity.

Beyond IT, Auto, Banking, and Real Estate sectors contributed to new job creation in these cities.

On the other hand, Delhi/NCR and Mumbai witnessed single-digit sequential growth, driven primarily
by Insurance and Banking sectors.

Among emerging cities, the number of new jobs in Coimbatore and Chandigarh increased robustly
by 16% and 13% respectively.

The other fast growing cities such as Ahmedabad, Jaipur, and Vadodara continued to register
single-digit month-on-month growths.

BPO, Banking and Insurance continue to drive new job creation in these emerging cities.

CHANDIGARH(+13%)

DELHI (+8%)

JAIPUR (+5%)

AHMEDABAD (+5%)

VADODRA (+6%) KOLKATA (+10%)

MUMBAI (+7%)

PUNE (+12%)

HYDERABAD (+14%)

BANGALORE (+12%)
METRO CITIES
EMERGING CITIES
CHENNAI (+16%)

COIMBATORE (+16%)

KOCHI (+3%)

Growth Trends: Feb'23 vs Jan'23

 HIRING TRENDS
1340
1479
2032
2422
2444
ACROSS EXPERIENCE
LEVELS
Senior Professionals continue to dominate hiring trends.

Recruitment of professionals falling in the '8-12 years' and 'More-than-16-years' of working

experience brackets showed double-digit sequential growth at 12% and 11%, respectively.

Finance and Real Estate sectors mainly witnessed this growth in demand for mid-senior
experienced professionals.

Demand for fresh graduates remained flat.

8-12 yrs +9%

+8%

0-3 yrs >16 yrs

+12%

13-16 yrs
4-7 yrs

+5% +11%

Growth Trends: Feb'23 vs Jan'23

Exp Bucket Feb-22 Mar-22 Dec-22

Nov-21 Apr-22Jan-22
May-22 Jun-22
Feb-22 Mar-22Jul-22
Apr-22 Aug-22
May-22 Sep-22
Jun-22 Oct-22 Aug-22
Jul-22 Dec-22Oct-22
Nov-22 Sep-22 Jan-23 Feb-23
Nov-22 M-O-M
Growth %

0-3 yrs 3335 3154 3223 3170 3105 3266 2999 3265 2642 3253 3106 2926 3073 5%

4-7 yrs 3279 3018 3067 3067 3072 3386 3053 3346 2632 3293 2998 2871 3104 8%

8-12 yrs 2821 2505 2494 2557 2663 3093 2644 2914 2229 2864 2676 2568 2885 12%

13-16 yrs 2124 1922 1854 1885 2008 2298 1928 2178 1771 2342 2231 2159 2362 9%

16 + yrs 1894 1762 1713 1695 1722 2013 1693 1946 1613 2055 2184 2051 2273 11%
METHODOLOGY:
The Naukri JobSpeak is a monthly Index representing the state of the Indian job market & hiring activity
based on new job listings and job-related searches* by recruiters on the resume database on Naukri.com.
The JobSpeak Index captures hiring activity across multiple dimensions, including industries, cities, func-
tional areas, and experience bands. July 2008 is taken as the base month with an index value of 1,000, and
the subsequent monthly index values are compared with the data for July 2008. The index is a highly robust
and reliable indicator of white-collar hiring in India. It is aggregated based on the hiring activity of over
100,000 clients with over 70 Lakh new job mandates yearly. The report does not cover gig employment,
hyperlocal hiring, or campus placement. Over an extended period, JobSpeak could be impacted by factors
like internet penetration and Naukri's market share.

*Index now includes job-related searches on Naukri's resume database, which helps generate statistically
significant data at a more granular level.

ABOUT NAUKRI.COM

Naukri.com, India's No. 1 job site and the flagship brand of Info Edge, introduced the concept of e-recruit-
ment in India. Since its inception in 1997, Naukri.com has continuously grown while outperforming its
competitors in every sphere. Info Edge was the first internet company to be listed in India. As the market
leader, the brand enjoys the highest awareness and market share amongst job seekers and recruiters for
over two decades. It has become synonymous with the jobs category. The platform has about 1 Crore
active app installs and receives 2-3 Million job applications daily. It provides hiring-related services to
corporates, recruiters, placement agencies, and job seekers in India & overseas. It offers multiple products
like Resume Database Access, listings, Branding, and response management tools. With more than 70 lakh
new job mandates every year and over 8.5 Crore jobseekers, the brand serves over 100,000 unique clients
through its 63 offices in 44 cities in India.
ANNEXURE INDUSTRY DATA
M-O-M
Industry Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Growth %

Advertising/PR/MR/Events 3884 4068 4469 4143 4293 4270 4290 5112 4086 5213 5498 4736 5559 17%

Telecom/ISP 621 563 607 669 622 741 664 685 517 630 612 549 636 16%

Textiles/Garments/Accessories 2403 2299 2504 2671 2200 2221 2012 2120 1524 2176 1971 1842 2126 15%
Industrial Products/Heavy Machinery 1349 1345 1504 1440 1431 1454 1326 1575 1284 1619 1602 1286 1483 15%

Legal 5892 4972 5387 5179 5031 6693 5788 6945 5283 6655 5724 5540 6272 13%

Real Estate/Property 3302 3171 3316 3180 3083 3261 3385 4508 3140 4105 3815 3685 4169 13%
Auto/Auto Ancillary 1160 1038 1146 1152 1106 1183 1360 1201 1063 1240 1219 1193 1322 11%

IT-Software/Software Services 5560 4983 4656 4711 5069 5872 4881 5283 3825 4674 4087 4010 4428 10%
Travel & Hospitality 1432 1698 1609 1603 1468 1487 1526 1665 1492 1765 1577 1547 1705 10%
Export/Import 1461 1409 1612 1555 1486 1406 1177 1406 1063 1332 1429 1319 1451 10%
Semiconductors/Electronics 4879 4695 5669 5040 6203 5760 4255 4832 4169 5111 5185 4727 5199 10%
Medical/Healthcare/Hospital 6589 6248 6323 6403 5983 6402 6546 6059 5339 6559 6674 5770 6328 10%
IT-Hardware & Networking 1181 1338 1027 1045 757 923 856 916 672 828 758 745 816 10%
Banking/Financial Services/Broking 3433 3138 3348 3299 3279 3731 3576 4496 3565 4335 4016 3919 4260 9%
Agriculture/Dairy 2276 1782 2006 1968 1768 1530 1521 1590 1413 1813 1641 1544 1657 7%
Shipping/Marine 991 872 953 935 961 1143 946 1198 879 1109 1029 992 1064 7%

Retail 2004 1795 1992 2055 2042 1865 1621 1849 1578 1811 1798 1611 1724 7%
BPO/ITES/CRM/Transcription 2468 2458 2659 2617 2600 2587 2325 2619 2131 2511 2249 2303 2456 7%

Fertilizers/Pesticides 5016 4126 4185 4230 4972 6604 4704 5817 4259 5676 5550 5060 5385 6%

Pharma/Biotech/Clinical Research 2429 2117 2108 2078 1908 2081 1871 2094 1736 2154 2128 2074 2206 6%
Accounting/Taxation/Finance 3216 2844 3124 3746 3608 5353 4053 4665 4555 5307 4740 4506 4787 6%

FMCG/Foods/Beverage 2024 1842 1996 1960 1976 2203 1971 2176 1746 2096 2126 1842 1949 6%

Construction/Engineering/Cement/Metals 889 828 899 872 840 875 793 907 791 1025 1050 1004 1061 6%

Consumer Durables 964 788 918 891 896 797 805 820 656 921 842 788 831 5%

Courier/Transportation/Freight 2826 2684 2818 3030 2712 2667 2654 2877 2729 3195 3048 2788 2931 5%

Recruitment/Employment Firm 5253 4895 5160 4339 4021 4140 3741 4410 3277 4154 3840 3764 3950 5%

Defence/Government 5387 4874 5504 5900 5247 4991 5200 6087 5270 7829 7254 7391 7662 4%

Printing/Packaging 1223 1053 1188 1168 1091 1002 1220 1277 899 1102 1151 1149 1189 3%

Education/Teaching/Training 5868 5753 6321 6030 5848 5311 5040 5448 4761 5346 5208 5076 5221 3%
Architecture/Interior Designing 2490 2368 2565 2523 2269 2296 2324 2258 2028 2618 2434 2605 2675 3%

Office Equipment/Automation 2201 1999 2434 2211 2528 2488 2177 2567 2464 3271 3229 4049 4148 2%

Gems & Jewellery 4609 4609 5462 5488 4784 4709 5500 5789 4533 5713 5705 5638 5742 2%

NGO/Social Services 2839 2761 2733 3052 2832 3272 3535 3684 2860 3706 3855 3378 3395 1%

Chemicals/PetroChemical/Plastic/Rubber 1537 1453 1528 1775 1580 1621 1383 1504 1240 1621 1589 1699 1667 -2%
Oil and Gas/Power/Infrastructure/Energy 510 449 522 517 491 581 550 606 498 603 646 656 625 -5%

Insurance 2042 1541 1553 1946 1761 2124 2200 2479 2382 2398 2544 2495 2324 -7%

Security/Law Enforcement 1905 1832 2811 2140 2684 1977 2358 2449 1252 1735 1778 2038 1891 -7%

Media/Dotcom/Entertainment 307 291 337 378 370 387 358 427 364 455 364 450 402 -11%
 ANNEXURE CITY DATA
M-O-M
City Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Growth %

Chennai 2659 2414 2364 2394 2432 2745 2519 2726 2047 2625 2337 2207 2558 16%

Hyderabad / Secunderabad 4329 4118 4097 3967 3907 4578 3812 4246 3187 4026 3590 3431 3898 14%

Pune 4430 4012 4025 4114 4143 5035 4073 4453 3348 4221 3869 3682 4131 12%

Bengaluru / Bangalore 4085 3701 3532 3484 3722 4076 3420 3671 2843 3534 3150 3027 3389 12%

Kolkata 4071 3573 3486 3750 3760 4317 3773 4176 3040 4026 3754 3413 3754 10%

Delhi / NCR 2932 1977 2811 2782 2792 3038 2605 2959 2436 3172 2933 2782 3014 8%

Mumbai 2182 2029 2100 2188 2219 2338 2150 2373 1926 2468 2365 2264 2414 7%

Coimbatore 3699 3241 3365 3216 3466 4542 3748 3581 2888 3604 3322 3150 3647 16%

Chandigarh 2240 2053 2245 2294 2077 2014 1962 2133 1652 2167 2182 1974 2232 13%

Vadodara / Baroda 2524 2516 2798 2872 2702 2881 2512 2901 2504 3256 3416 3320 3517 6%

Ahmedabad 4614 4041 4235 4438 4598 5244 5110 5814 4519 5766 6006 5601 5856 5%

Jaipur 4461 3831 4435 4206 4272 4282 4632 4730 3895 4839 4857 4550 4768 5%

Ernakulam / Kochi / Cochin 4422 4286 4527 4596 5478 5128 4748 4076 4214 4695 4360 4495 4630 3%