Press Release

Jan-13 saw maximum improvement in hiring activity in the last one year

February 13 2013

After a year of subdued hiring movement, Jan-13 saw 10% increase in employment levels when compared to Dec-12: Naukri Job Speak Index

  • Hiring in the Oil & Gas and IT- Software sector picked up by 24% and 18% respectively in Jan-13 when compared to Dec-12
  • Mumbai, Bengaluru and Hyderabad saw over 14% growth in their hiring levels over the last one month

Despite deceleration in the overall Indian economy, 2013 began with job creation across key industry segments. When we compare hiring trends of the last one year, Jan-13 saw maximum movement with the overall hiring activity moving up by 10% in Jan-13(index value-1270)when compared to Dec-12(index value-1150). This is definitely a matter of cheer for jobseekers planning a career move as sectors like IT- Software, BPO, Banking and Oil and Gas witnessed double-digit percentage growth in their hiring numbers in the last one month. A similar sentiment was echoed in a survey with recruiters where 68% said that new jobs will be created in 2013.

Hitesh Oberoi, CEO and MD, Info Edge India said “2013 will see an improvement in fresh and replacement hiring and there will be demand for skilled candidates. Improvement in government decision making and buoyancy in financial markets may lead to a much better macro environment in the coming months.”

Industry Sector Analysis:
While most important sectors saw positive movement in hiring activity, Telecom and Insurance sectors saw dipping hiring levels with index value going down by 6% and 8% respectively in Jan-13 over Dec-12. Oil & Gas sector saw a 24% improvement in hiring activity while both Banking and BPO sector saw 14% increase in their hiring levels during the same time period. Stable hiring levels were seen in the Auto and Construction sector.

Functional Area Analysis:
Positive hiring activity was seen for professionals across important functional areas. Highest demand was seen for professionals in ITES, Software services and Sales domains where the Naukri Job speak index moved up by 18%, 15% and 10% respectively in Jan-13 over Dec-12. Production, Accounts and HR professionals also saw positive movement in hiring activity with demand going up within the range of 6% and 10% respectively in Jan-13 over Dec-12.

City Wise Analysis:
Barring Pune which saw a minor 2% dip in hiring activity, all the other important cities saw positive employment trends. Hiring activity for Delhi, Mumbai Pune, Chennai, Bangalore and Hyderabad moved up within the range of 10% and 16% respectively in Jan-13 when compared to Dec-12.

About Naukri.com
Naukri.com, India’s No. 1 job site and the flagship brand of Info Edge introduced the concept of e-recruitment in India. Since its inception in 1997, Naukri.com has seen continued growth while outperforming its competitors in every sphere. Info Edge was the first internet Company to be listed in India. The site enjoys a traffic share consistently over 63% as per the Comscore data. Naukri.com is a recruitment platform that provides hiring-related services to corporates/ recruiters, placement agencies and to job seekers in India and overseas. It offers multiple products like Resume Database Access, listings and Response Management. With 230000 jobs live at any point 32 million CV’s, Naukri.com serviced over 46500 corporate clients in 2011-2012.

The company has over 2400 people operating through 53 offices in 34 cities in India and overseas offices in Dubai, Riyadh, Abu Dhabi and Bahrain.