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Business Standard
4 days ago
- Business
- Business Standard
White-collar hiring stays steady in May, AI/ML and senior roles in demand
Hiring in India's white-collar job market held firm in May, with the Naukri JobSpeak Index ticking up slightly to 2,807 points, just above the 2,799 points recorded a year ago. Though overall activity was stable, the data revealed distinct surges in specific sectors and job categories, particularly in artificial intelligence/machine learning (AI/ML) and senior-level hiring. AI/ML hiring racing across metro cities Riding on last year's momentum, AI/ML roles registered a sharp 25 per cent year-on-year (Y-o-Y) growth in May. Demand expanded aggressively in metro cities: Delhi-NCR led growth with a 35 per cent surge, followed closely by Chennai (34 per cent) and Kolkata (33 per cent). Hiring demand extended through experience brackets with mid-to-senior professionals particularly in the 13–16 years cohort seeing an increase of 36 per cent. Entry-level roles weren't left behind either, showing a robust 22 per cent rise. Non-tech sectors drive fresher hiring Overall fresher hiring stayed flat in May. However, non-IT sectors emerged as key growth pockets. Insurance led the way with a 26 per cent rise in fresher hiring, followed by real estate (12 per cent). BPO/ITES (5 per cent) and hospitality (4 per cent) also registered modest increases, highlighting a shift in entry-level demand beyond traditional tech domains. Senior professionals remain in high demand Professionals with 16 or more years of experience continued to be in demand, with this segment witnessing a 6 per cent increase in hiring in May. This trend persisted across both metropolitan and emerging cities. Among the top metros, Hyderabad (16 per cent) and Kolkata (13 per cent) led the growth, while Kochi (23 per cent) and Ahmedabad (13 per cent) saw the highest demand among non-metros. Oil and gas (21 per cent) and real estate (17 per cent) were the top contributors by industry. Unicorns power urban hiring momentum India's unicorns continued their hiring spree, posting a 19 per cent Y-o-Y growth in May. Metros powered this trend as Delhi-NCR recorded a 29 per cent spike, followed by Hyderabad (27 per cent) and Bengaluru (12 per cent). The bulk of unicorn hiring was concentrated in banking and financial services (29 per cent) and internet/ecommerce (18 per cent). Beyond AI/ML and unicorn-led growth, a few traditional sectors showed resilience. Insurance hiring rose 6 per cent, real estate by 5 per cent, while BPO/ITES and hospitality each saw a 4 per cent uptick. These gains signal a wider recovery in customer-facing and service-oriented sectors. 'In an otherwise stable job market, what stood out in May was the continued momentum in AI/ML hiring across metros alongside steady demand for senior professionals, a trend that's held firm over the past year,' said Pawan Goyal, ED and CBO, 'It was also interesting to witness fresher hiring gain ground in non-tech industries which bodes well for young talent.'
Mint
5 days ago
- Business
- Mint
AI-ML hiring grows 25% in May, IT sector sees 5% decline: Report
New Delhi, Jun 2 (PTI)While hiring in the Artificial Intelligence and Machine Learning (AI/ML) sector posted 25 per cent year-on-year growth in May 2025, the broader Information Technology sector saw a decline in job opportunities. According to the Naukri JobSpeak May 2025 report, overall hiring in the IT sector fell by 5 per cent compared to the corresponding period in the previous year. "In an otherwise stable job market, what stood out in May was the continued momentum in AI/ML hiring across metros alongside steady demand for senior professionals, a trend that's held firm over the past year," Naukri Chief Business Officer Pawan Goyal said. In May 2025, while overall hiring remained stable, industries like real estate (5 per cent growth) and insurance (6 per cent growth) emerged as relatively bright spots, according to the report. Hiring in Retails, Telecom/ISP, and Banking, Finance & Broking declined 8-9 per cent. However, unicorns in Banking and Financial Services ramped up hiring by 29 per cent. Hyderabad and Kochi witnessed hiring growth of 7 per cent and 8 per cent, respectively, with much of this growth attributed to senior-level hiring (professionals with over 16 years of experience). Pune also experienced a 4 per cent overall hiring increase, driven in large part by a sharp 26 per cent rise in hiring by startups. Based on job listings and hiring activity on the Naukri platform, an online job portal, the JobSpeak index calculates hiring trends by analyzing new job listings, job applications, and recruiter activity across various industries, cities, and experience levels.
