Retailer employment, telecom/ISP, banking, finance and brokering fell 8-9%
Employment in the Artificial Intelligence and Machine Learning (AI/ML) sector recorded a 25% year-on-year growth in May 2025, while the broader information technology sector saw a decline in employment opportunities.
Naukri Jobspeak According to a report from May 2025, overall employment in the IT sector fell 5% compared to the previous year's response period.
“In the otherwise stable job market, what stood out in May was the ongoing momentum in AI/ML employment, along with the stable demand for senior professionals. This is a trend that has been solid for the past year.”
In May 2025, overall employment remained stable, but the report found that industries such as real estate (growth at 5%) and insurance (growth at 6%) emerged as relatively bright spots.
Retail, telecommunications/ISP, banking, finance and peer employment fell 8-9%.
However, banking and financial services unicorns have increased employment by 29%.
Hyderabad and Kochi witnessed 7% and 8% employment, respectively, with most of this growth being attributed to senior level employment (experts with over 16 years of experience). Pune also experienced a 4% increase in employment overall, but mostly driven by a sharp 26% increase in employment by startups.
Based on job listings and employment activities on the Naukri platform, the online job portal, the JobSpeak Index calculates employment trends by analyzing new job listings, recruitment applications, and recruiter activities at various industries, cities, and experience levels.
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Released on June 2, 2025
