Freshers hiring in India: Intention improves marginally by 3% says report

Intention to hire freshers in the second half of this year has witnessed a marginal increase of 3 percentage points in July-December quarter, says a report.

According to TeamLease EdTech, the top three industries with the highest hiring intent for freshers are e-commerce and technology startups, telecommunications and engineering, and infrastructure.

Additionally, the overall hiring intent for all categories of jobseekers has risen to 73 per cent from 68 per cent over the same duration. Such sustained growth implies an optimistic job market in the coming months, especially for freshers.

Among industries with the highest hiring intent for freshers are E-commerce & Technology Start-ups (59 per cent), Telecommunications (53 per cent), and Engineering & Infrastructure (50 per cent), the survey said.

The IT industry sees an overall decrease in the intent to hire freshers as compared to HY1 2023. Whereas some new and trending sectors like Travel and Hospitality have emerged with an increase of 5 per cent.

About the survey

The survey covered 737 small, medium, and large companies across 18 industries across India. The coverage was spread across 14 geographical areas [metros, tier-1, & tier-2] reflecting the hiring sentiment of fresh degree apprentices in India.

"Amidst a challenging hiring scenario, the Indian job market indicates a marginal uptick with a 3 per cent increase in the intent of hiring freshers. Moreover, the overall rise in hiring intent to 73 per cent for all jobseeker categories reinforces the optimistic outlook for the coming months," Shantanu Rooj, Founder and CEO, TeamLease Edtech, said.