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Online hiring activity rises 16% in Nov

Author: IANS/Tuesday, December 26, 2017/Categories: Corporate

Online hiring activity rises 16% in Nov

New Delhi, Dec 26 - Online hiring activity registered a 16% growth year-on-year (YoY) during November primarily driven by growth in the non-IT sector, a report by job portal Naukri.com said.

According to the survey, the Naukri JobSpeak index for November at 2,113 saw a 16% growth from the corresponding month in 2016, with a broad-based growth in jobs observed in multiple industries.

"The Jobspeak Index has shown 16% YoY growth in November, primarily driven by growth in the non-IT sector," said V. Suresh, Chief Sales Officer, Naukri.com.

"Good to see sectors viz construction, engineering, auto, industrial products and banking showing significant growth over last year. We can expect the market to further gain momentum and move north in the next few quarters," he added.

The report pointed out that jobs in construction/engineering industry went up by 46% while jobs in auto sector saw a growth of 39% in the period under review.

During the same period, jobs in heavy machinery and banking sector saw a 30% and 24% growth in hiring, respectively, the report said.

"Jobs in BPO sector went up by 14 per cent in November 2017 when compared to November 2016. The IT software sector also witnessed a seven per cent increase in jobs over the same time period," it added.

The report noted that while production/maintenance jobs rose by 37%, site engineering jobs saw a 30% growth during the period.

Accounts/finance and marketing/advertising jobs saw a 27% and 26% growth, respectively, while sales jobs recorded 23% rise during November 2017, the survey highlighted.

Of the eight metro cities tracked by the job portal, seven recorded an increase in hiring activity in November.

"The index for Kolkata grew by 51%, while Delhi NCR and Mumbai saw growth of 15% and 16%, respectively, in hiring in the same time period. Bangalore saw a dip of 3% in jobs," said the survey.

It added that the positive trend of job growth was also seen in smaller cities.

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rajyashree guha

IANS

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