- Job postings in the IT sector have increased by 41.5% in Hyderabad and 24% in Bangalore during April 2023-24
Indeed, a global job matching and hiring platform, has released new data highlighting the state of Information Technology (IT) jobs from the period of April 2023 to April 2024.
According to data from Indeed, job postings in the IT sector have increased by 41.5% in Hyderabad and 24% in Bangalore, highlighting the growing prominence of these cities as top destinations for IT professionals. Interestingly, there has also been a significant increase in job clicks, with a 161% rise in job seeker interest in Hyderabad and an 80% increase in Bangalore.
Overall, there has been a decrease in IT job opportunities nationally, with job postings declining by 3.6%. This indicates that tech companies are being cautious in hiring due to the uncertain global economic climate.
Sashi Kumar, Head of Sales, Indeed India said, “Software and IT positions seem to be highly sought after, not just by those currently working in the field but also by individuals looking for new career opportunities. Despite the layoffs, the appeal of IT jobs has risen. This strong interest in IT could also be due to the extensive skill specialization, training, and experience typically necessary for these roles.
To navigate this job market, job seekers should focus on acquiring skills that will make them stand out in a competitive talent pool. The key skills in demand today are analysis and proficiency in agile methodologies.”
Methodology:
This data is pooled from job postings and job clicks on Indeed’s platform between April 2023 to April 2024.
