Non-IT sectors drive 2025 hiring, education leads growth: Report
The Indian job market has witnessed a significant shift in recent years, with non-IT sectors emerging as the driving force behind hiring growth. According to a report by Naukri, a leading job portal, non-IT sectors have taken the lead in hiring in India this year. The report highlights the growth of various sectors, with education leading the pack, followed closely by hospitality and real estate.
The education sector has seen a remarkable growth of 28% year-over-year (YoY), making it the fastest-growing sector in terms of hiring. This surge in hiring can be attributed to the increasing demand for skilled professionals in the education sector, particularly in the wake of the pandemic. The shift to online learning has created new opportunities for educators, instructional designers, and other support staff. As the education sector continues to evolve, it is likely that this trend will persist, driving growth in hiring for the foreseeable future.
The hospitality sector has also seen a significant increase in hiring, with a growth rate of 23% YoY. This growth can be attributed to the resurgence of the tourism industry, which was severely impacted by the pandemic. As travel restrictions have been lifted, and people are once again venturing out, the demand for skilled professionals in the hospitality sector has increased. Hotels, restaurants, and other establishments are looking for staff to cater to the growing number of tourists, leading to an increase in hiring.
Real estate is another sector that has seen significant growth, with a 17% YoY increase in hiring. The real estate sector has been on the upswing, driven by government initiatives and a growing demand for housing. As the sector continues to grow, the demand for skilled professionals, including architects, engineers, and property managers, is on the rise. This growth in hiring is expected to continue, driven by the increasing demand for housing and infrastructure development.
On the other hand, the IT-software sector, which has traditionally been a major driver of hiring growth, has seen a decline of 2% in the first quarter of this year. However, the report notes that the sector has shown signs of stabilisation from the second quarter onwards. This decline can be attributed to the global economic slowdown, which has impacted the IT sector. However, the sector is expected to bounce back, driven by the growing demand for digital services and the increasing adoption of emerging technologies.
The report highlights the shift in hiring trends, with non-IT sectors emerging as the leading drivers of growth. This shift is expected to continue, driven by the growing demand for skilled professionals in sectors such as education, hospitality, and real estate. As the Indian economy continues to grow, it is likely that these sectors will continue to drive hiring growth, creating new opportunities for job seekers.
The growth in hiring across non-IT sectors is a positive sign for the Indian economy, indicating a diversification of the job market. As the economy continues to evolve, it is likely that new sectors will emerge, creating new opportunities for job seekers. The report by Naukri provides valuable insights into the hiring trends, highlighting the growth of non-IT sectors and the decline of the IT-software sector.
The education sector, in particular, is expected to continue driving growth, driven by the increasing demand for skilled professionals. The sector is expected to create new opportunities for educators, instructional designers, and other support staff. As the sector continues to evolve, it is likely that the demand for skilled professionals will increase, driving growth in hiring.
In conclusion, the report by Naukri highlights the shift in hiring trends, with non-IT sectors emerging as the leading drivers of growth. The education sector has seen a remarkable growth of 28% YoY, followed closely by hospitality and real estate. The IT-software sector, which has traditionally been a major driver of hiring growth, has seen a decline, but is expected to bounce back. As the Indian economy continues to grow, it is likely that non-IT sectors will continue to drive hiring growth, creating new opportunities for job seekers.