AI job market booms with 42 % growth

AI job market booms with 42 % growth

(IANS): India’s hiring activity surged by an impressive 12 per cent over the past six months, with a 31 per cent increase (year-on-year) in recruitment in December, a report showed on Wednesday.

The AI job market boomed with 42 per cent growth over two years and the 2025 forecast predicts an additional 14 per cent increase, according to the report by foundit, a jobs and talent platform.

The growth is reflected across 22 of the 27 sectors monitored, with consumer electronics, manufacturing and construction and engineering leading the charge with 60 per cent, 57 per cent and 57 per cent, respectively.

“The growth in hiring activity across sectors underscores the resilience, adaptability, and dynamism of India’s job market.” said V Suresh, CEO of foundit.

What’s particularly exciting is the explosive growth in AI at 42 per cent in just two years, showcasing the transformation of an important skill set to a core driver of the economy.

Also read – EPFO added 14.63 lakh net members in November 2024 amid growing employment

“With a projected 14 per cent further growth in AI hiring in 2025, we are witnessing a paradigm shift where AI is no longer a futuristic concept, but a fundamental element of India’s present and future workforce,” he mentioned.

In December, job demand rose by 5 per cent month-on-month (MoM), with the hiring index reaching an impressive 334 — a testament to growing business confidence and economic momentum.

Over the last three months, an 8 per cent increase in hiring activity highlighted sustained progress, showcasing the resilience and adaptability of Indian businesses in a dynamic market.

This steady upward trend underscored the nation’s commitment to fostering sustainable, long-term employment opportunities through strategic initiatives, said the report.

Stay connected with us on social media platforms for instant updates click here to join our LinkedInTwitter & Facebook

Business Manager

View all posts

January 2025

2025: Work & Workplace - January 2025

Submit Your Article

Would you like to share your views? submit your Aricle by clicking on the button below. Submit your Article

January 2025

2025: Work & Workplace - January 2025
error: Content is protected !!