Business
Hiring platform data shows India’s labour market softening
New data from global hiring and matching platform Indeed indicated that formal job creation in India softened further in October, with job postings down 5.6% on the platform. This marks the second consecutive month of decline, leaving postings 19.8% lower than a year ago.
Nevertheless, Indian job postings are 60% above pre-pandemic levels but have fallen 25% since their peak in January 2023.
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