Nifty99000 100%

Sensex99000 100%

Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: 3.5
Article rating: 4.0
Article rating: No rating
Article rating: 3.0
Article rating: No rating


Online hiring activity records 9% yoy growth in October: Report

Author: IANS/Friday, November 17, 2017/Categories: Corporate

Online hiring activity records 9% yoy growth in October: Report

New Delhi - Online hiring activity registered a 9% growth year-on-year (y-o-y) during October indicating signs of recovery in the job market, a report by job portal said.

According to the survey, the Naukri JobSpeak index for October at 1,728 saw a 9% growth from the corresponding month of last year.

"There seems to be an air of cautious optimism in the job market. The JobSpeak index for October has witnessed a 9% y-o-y growth," said V. Suresh, Chief Sales Officer,

"Growth seems to be picking up across all geographies. Though the non IT sector has led this growth, good to see a slow recovery in the IT sector. We could expect the volatility to continue for few more months."

The report pointed out that key industries like auto, construction/engineering and insurance saw a growth of 23%, 22% and 15% respectively in October.

Jobs in infrastructure oriented industries showed a positive trend during the month under review when compared to the same month last year with industrial product/heavy machinery and power/energy witnessing 11% each in this time period, the report said.

"BPO/ITES jobs also had a positive movement, growing 7% in the same time period while IT software industry grew by 2%," it said.

The report highlighted that while banking/insurance jobs rose by 28%, site engineering/project management jobs saw a 19% growth in October 2017 over October 2016.

"Accounts/finance and sales/BD jobs saw a 14% and 11% growth respectively in the same time period. Marketing/advertising jobs recorded a 5% rise in October 2017," it added.

Of the 13 key cities tracked by the job portal, all recorded an increase in hiring activity during the month.

"The index for Kolkata and Chennai grew by 100% and 65%, respectively. Mumbai saw a 56% growth in hiring while Delhi/NCR witnessed 8% growth in the same period," the report stated.

Print Rate this article:
No rating

Number of views (125)/Comments (0)

rajyashree guha


Other posts by IANS
Contact author

Leave a comment

Add comment



Ask the Finapolis.

I'm not a robot
Dharmendra Satpathy
Col. Sanjeev Govila (retd)
Hum Fauji Investments
The Finapolis' expert answers your queries on investments, taxation and personal finance. Want advice? Submit your Question above
Want to Invest



The technical studies / analysis discussed here can be at odds with our fundamental views / analysis. The information and views presented in this report are prepared by Karvy Consultants Limited. The information contained herein is based on our analysis and upon sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentioned in this report, investors may please note that neither Karvy nor Karvy Consultants nor any person connected with any associate companies of Karvy accepts any liability arising from the use of this information and views mentioned in this document. The author, directors and other employees of Karvy and its affiliates may hold long or short positions in the above mentioned companies from time to time. Every employee of Karvy and its associate companies is required to disclose his/her individual stock holdings and details of trades, if any, that they undertake. The team rendering corporate analysis and investment recommendations are restricted in purchasing/selling of shares or other securities till such a time this recommendation has either been displayed or has been forwarded to clients of Karvy. All employees are further restricted to place orders only through Karvy Consultants Ltd. This report is intended for a restricted audience and we are not soliciting any action based on it. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities, or any options, futures or other derivatives related to such securities.

Subscribe For Free

Get the e-paper free