Particle.news
Download on the App Store

India’s Formal Hiring Cools In October With Job Postings Down 20% Year-On-Year

Remote-role mentions grew notably, suggesting shifting employer tactics in a selectively formalizing labor market.

Overview

  • Indeed’s October data show a 19–20% year-on-year drop in postings and a 5.6% slide from September, marking a second straight monthly decline.
  • Nearly three-quarters of sectors contracted over the past quarter, led by banking and finance (−25.6%), legal (−22.4%), retail (−16.7%), and loading and stocking (−15%).
  • pockets of growth emerged, with cleaning and sanitation roles up about 20%, community and social services up 17.4%, dental up 13.1%, nursing up 11.2%, and food preparation and service up 10.3%; HR edged up 2.3%.
  • Remote work signals intensified as 9.1% of October listings referenced work-from-home options, up 7.6 percentage points year-on-year, led by IT infrastructure, operations and support (18.2%), community and social service (15.1%), and industrial engineering (14%).
  • Indeed notes the figures reflect employer posting behavior on its platform, and its economist attributes the pattern to a gradual shift toward more formal work arrangements.