IT sector bounces back with 18% YoY growth in hiring in September

NEW DELHI: From the sluggish pace of hiring, the IT sector has bounced back strongly in September as there was an 18% year-on-year (YoY) growth in hiring. Among cities, Jaipur led with a 47% YoY increase in IT roles, followed by Kolkata at 32%, according to data from the Naukri JobSpeak Index.

Like previous months, Artificial Intelligence/Machine Learning roles surged by 31%, indicating increasing demand for tech talent. The IT sector also saw a 35% y-o-y growth in hiring for professionals with over 16 years of experience.