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Mumbai: Not good news for job aspirants because of low job postings in October. According to a report, the formal job creation in the country is down by nearly 20 per cent year-on-year and 5.6 per cent compared to the previous month.
According to the Indeed report, this marks the second consecutive month of decline in job creation, leaving postings nearly 20 per cent lower than the same month a year ago. In the last three months, job postings declined in sectors such as banking and finance, where postings fell by 25.6 per cent, legal fell by 25.6 per cent, retail fell by 16.7 per cent, and loading and stocking fell by 15 per cent.
"Every month, the Indian workforce is gradually transitioning towards more formal work arrangements. As the nation transitions, job creation in the formal sector is expected to outpace overall employment growth nationwide. This transition is also why job postings in India have been stronger than in other markets, both during the post-pandemic job boom and the subsequent slowdown," PTI quoted Indeed's APAC Senior Economist Callam Pickering said.
Amid decline, there are some strong performers in the job market, such as cleaning and sanitation rose around 20 per cent over the last three months. The community and social service rose by 17.4 per cent, dental up by 13.1 per cent, nursing up by 11.2 per cent, and food preparation and service rose by 10.3 per cent. The human resources also rose by 2.3 per cent.
According to the report, 9.1 per cent of job postings explicitly mentioned phrases such as 'work from home' or 'work remotely' in their job descriptions. This type of posting was 7.6 per cent more than the same month last year.
that Work-from-home or remote opportunities are most common in IT infrastructure, operations, and support, accounting for 18.2 per cent of postings in the October quarter 2025. This arrangement is ahead of community and social service (15.1 per cent) and industrial engineering (14 per cent).
Indeed also reported that remote jobs have increased since last year, led by IT infrastructure, operations, and support (over 4.4 percentage points) and installation and maintenance (3.4 percentage points).
"Changes in remote work arrangements can reflect shifting attitudes among employers, particularly with regard to work-from-home mandates. It may also reflect employers' attempts to attract more candidates," PTI quoted as saying of Pickering.