Job market projected to grow 9% next year

The hiring activities in 2025 are likely to witness a 9 per cent growth in the country driven by sectors, including IT, retail, telecommunications and banking, financial services, and insurance (BFSI) sectors, a report said on Thursday.

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According to the latest data from jobs and talent platform Foundit, there will be a 9 per cent hiring growth in the country in 2025, led by IT, retail, telecommunications, and BFSI sectors.

With a 10 per cent growth in 2024 and 3 per cent sequential growth in November, the forecast indicates that hiring is set to retain its momentum, with a predictable hiring environment, said the report.

Emerging technologies and evolving business priorities are likely to further shape India's job market in 2025, it noted. The report is based on an analysis of data on Foundit insights tracker during January 2023 to November 2024.