The job postings for freshers have witnessed a 55% jump since September end, as per data from Freshersworld.com, a part of Teamlease Services. “There is also a 1.45x times jump in new registrations indicating recovery in the interest to hire freshers,” said Kaushik Banerjee, Vice President and Business Head, Freshersworld.com
“Further, about 90% of the students completed their terminal exams between Sep-Nov 2020 and this is expected to increase action in this category indicating exciting times for freshers,” he said. Banerjee estimated the demand for freshers to reach the pre-Covid levels by June 2021.
“With India looking to kick-start the inoculation, the economic activities seem to be getting brighter by the day and this in turn seems to be percolating into hiring,” he said. “The intent to hire across hierarchies is expected to see a 3 percentage point growth during the current quarter,” he added.
Some of the sectors which are driving the demand for freshers are IT, ecommerce, finTech, eduTech, auto, and EV segment in auto. BPO, physical retail roles – front office/receptionist, retail store managers/executives, field sales, accountants have also seen a good spike in the number of jobs being posted compared to the last three months.
“The momentum is expected to continue,” said Banerjee. There is also good demand coming from non-metros like – Vijayawada, Mysore, Kochi, Coimbatore, Chandigarh, Ahmedabad, Jaipur, Guwahati, Indore, Patna, Ludhiana, Bhubaneswar, Visakhapatnam showcasing the phenomena is universal and is here to stay, he added.