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There’s positive news for the Indian IT sector. Contractual IT jobs have increased by 22% year-on-year, according to staffing firm Michael Page. This indicates a potential rise in demand for IT services after a period of slowdown.
The increase in contractual hiring is seen as a positive development as it often precedes permanent recruitment. This comes after a year of muted demand that led to reduced hiring and layoffs in some IT companies. Industry experts believe this trend will continue as global uncertainties stabilize and IT spending increases.
In addition to Michael Page, other staffing firms are also reporting a rise in contractual hiring. This is being driven by the need for companies to adjust their workforce strategies based on factors like anticipated demand and specific client requirements.
