Mumbai, Hiring developments in India’s white-collar job market dipped marginally by 1.4 per cent in March in comparison with the identical month final 12 months, pushed by a decline in recruitment in the retail, oil & gasoline, and schooling sectors, a report stated on Wednesday. The Indian white-collar job market remained nearly secure in March 2025 in comparison with the identical interval final 12 months, regardless of two prolonged vacation weekends on account of Holi and Eid, in response to a Naukri.com report primarily based on JobSpeak Index information.
The report stated recruitments in a couple of sectors ended up in the crimson as in comparison with March 2024, together with retail (13 per cent), oil & gasoline (10 per cent) and schooling (14 per cent).
The IT sector witnessed a 3 per cent decline, marking an enchancment from the 16 per cent contraction in March 2024.
Curiously, the rising tech sub-sector beneath IT that includes firms working in applied sciences like crypto and blockchain witnessed a progress of 36 per cent.
Moreover, IT startups additionally witnessed a progress of 11 per cent progress in March 2025, it added.
The Naukri JobSpeak is a month-to-month Index representing the Indian job market and hiring exercise primarily based on new job listings and job-associated searches by recruiters on the resume database of Naukri.com.
In the meantime, the report revealed that Chennai emerged because the unicorn hiring powerhouse in March, delivering a 29 per cent progress in unicorn recruitment.
Delhi NCR adopted intently with a 23 per cent progress and Hyderabad with a 17 per cent enhance.
Banking and Monetary Providers unicorns had been notably aggressive, demonstrating a strong 36 per cent progress in hiring, successfully difficult the broader market’s cautious sentiment.
“We had been anticipating some transient dips owing to the prolonged vacation weekends in March, and the JobSpeak index is taking part in again the identical, particularly in a couple of sectors. Nevertheless, the general Index and most main sectors staying secure v/s final 12 months is a promising takeaway for us. Sturdy progress in pockets like AI-ML, rising applied sciences and senior professionals’ cohort added a silver lining to the March developments,” Naukri Chief Enterprise Officer Pawan Goyal added.
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