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India back in hiring mode - The Hindu BusinessLine
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Job applications are still below pre-COVID-19 levels
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Jobs are booming in major sectors of the economy, despite the virus-induced recession inflicting employment losses on more than 100,000 Australians.
The number of people employed in the retail, education and training, mining, agriculture, financial services and public safety industries has risen to well above pre-pandemic levels.
An analysis of detailed labour force data by
The Australian Financial Review shows the wide-ranging disparity in the employment market and how the COVID-19 recession is reshaping the economy.
Supermarkets and other food retailers have hired more staff to cope with a surge in people eating more at home and panic-buying during lockdowns.
Jobseekers have been delivered an early Christmas present, with the Australian jobs market mellowing out after an ultra-competitive year. Exclusive LinkedIn data reveals the average job was attracting double the number of applicants in May after COVID-19 forced many businesses to shut down, but levels have now returned to where they were before the pandemic. LinkedIn Asia Pacific economist Pei Ying Chua says the jobs market is recovering as the country gains control over virus infection rates. The applicant-to-job ratio is a year-on-year measurement, so even though hiring is naturally slightly lower in December, the impact of COVID-19 hasn t increased competition any more than it was at this time last year, she says.