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White collar hiring falls 6% in Aug on cautious sentiment in IT, auto sectors: Report

IndiaTimes Monday, 4 September 2023
The IT sector was a major laggard as new jobs created in the IT industry were 33% lower compared to the high base value in August last year. Sectors such as insurance, auto, healthcare, and BPO also showed cautious hiring sentiments with a dip of 19%, 14%, 12%, and 10%, respectively, in new job creation compared to August last year. Meanwhile, the oil & gas sector continued its upward trend with 17 per cent growth in hiring compared to August last year.
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