New Delhi, June 13 -- Hiring trends in India continue to defy global slowdown signals, with the country showing strong momentum in formal job creation. According to new data from global hiring platform Indeed, Indian job postings in May rose by 8.9% month-on-month, snapping a streak of eight consecutive monthly declines. However, they remain 1.8% lower year-on-year and 16% below peak levels.

Still, India stands out globally, with job postings almost 80% above pre-pandemic levels, one of the strongest recoveries among major economies tracked by Indeed. By contrast, markets such as the UK, New Zealand, and Switzerland are seeing job posting volumes dip below pre-pandemic levels.

Callam Pickering, APAC Senior Economist at Indeed, attribute...