After bouncing back from the second Covid-19 wave in June 2021, India’s job market continued its upswing in July with active jobs growing at around 12%-15% month-on-month month on month, reports The Economic Times, citing job boards and staffing firms. The return of commercial activities helped the worst hit sectors to join in the recruitment action. Digitisation is seen to be adding new jobs in tech and improving demand for freshers. Staffing firm Teamlease’s data showed that new job postings grew around 20% in July. “IT, pharma, life sciences, biotech, FMCG, e-commerce & technology startups are on a hiring spree,” Kaushik Banerjee, VP and business head, Teamlease.com, said. “The hiring is going to increase further by 4%-7% from July. The fear of a third wave is there, but recruitments are in full swing given that most people in urban areas are partially / fully vaccinated.”

Meanwhile, staffing firm Xpheno said that, with over 290,000 active white-collar jobs, July overtook June to emerge as the strongest month for the current financial year and the closing figures for July ended more than double that of July 2020. At 270,000 active openings, full-time opportunities were at an 18-month high, and a spike in active jobs was powered by entry-level roles that rose 16% in volume over June.

Recent data from Naukri showed that hiring activity in India more than doubled (108%) in July 2021 when compared to July 2020, indicating that businesses were more prepared and recovered faster from the effect of the second Covid-19.