White collar hiring improving as demand from Oil & Gas, Banking, FMCG sectors rises

According to a recent report, white-collar hiring in sectors like Oil and Gas, Banking, and FMCG has shown steady improvement, with a 6 per cent growth in May compared to April. \r

However, it was down by 2 per cent compared to the same month last year. Sectors such as Healthcare and Travel and Hospitality witnessed robust growth, while IT, BPO, and Education saw declines. Smaller cities outperformed major metropolitan areas, with demand for senior professionals contributing to year-on-year growth. \r

The AI-ML domain showed consistent job growth, aligning with global trends. Hiring in mini-metros surpassed major cities, highlighting growing economic vibrancy. Demand for experienced professionals surged by 23 per cent, while the job market for freshers remained relatively flat.