August 7 2013
The index witnessed an increase in hiring levels by 11% on a Y-o-Y basis.
The beginning of the 3rd quarter brings good news for the Indian job seekers. The Naukri JobSpeak index at 1323 is 8% higher in July'13 when compared to June'13. On a year on year analysis, the index has moved up by 11% compared to what it was a year back. Amongst the top seven cities, Kolkata has topped the country with 16% increase in hiring in July'13 as compared to June'13. On a year on year basis Bangalore and Delhi-NCR have seen very high growth rates, July'13 has witnessed increase in hiring by 19% and 17% respectively over July'12. Pharma and Insurance are the top performing sectors this month with 24% and 18% increase in hiring compared to last month.
Mr. Hitesh Oberoi, MD and CEO Info Edge (India) Ltd said, "It is good to see that hiring has recovered this month. Hiring in the past two months was little sluggish and the employers were in a cautious mode, however, good number of jobs have been created this month. Year on year the hiring scenario has been marginally positive over the past few months, so there does not seem to be any particular trend formation. The cautious approach of employers might still continue but the jobseekers should stay positive."
Industry Sector Analysis:
A detailed analysis of hiring activity on a month on month basis shows that almost all key industry sectors have seen positive hiring trends in July'13, barring ITeS and Banking & Financial Services. Both these sectors have witnessed a 14% and 7% decline in hiring activity when compared to the last month. However on a year on year basis both these sectors have seen growth upwards of 15%.
The Pharma sector is showing strength and has grown by 24% in July'13 as compared to last month. Sectors like Telecom and Construction have seen a positive trend in July'13, with 11% and 4% growth respectively. They had witnessed a dip last month. The Insurance sector has grown by 18% in July'13 when compared to June'13.
Functional Area Analysis:
The hiring activity for professionals in functional areas like Sales and IT-Software showed the highest growth with 13% and 10% in July'13 compared to the previous month. Demand for professionals in other functional areas like Production, HR and Project Management showed growth in hiring numbers in the range of 7% to 9% in July'13 over June'13.
City Wise Analysis:
All the top cities have seen increase in hiring this month except Delhi-NCR which has declined by 2% in July'13 over the last month. On a month on month analysis Kolkata topped the chart with an increase of 15% in hiring activity followed by Bangalore and Mumbai which saw growth by 14% and 11% respectively. Job demand in Hyderabad and Pune was up by 8% in July'13 over the last month. Chennai also saw hiring going up by 4% in July'13 over the last month.
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 60% 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 Tools. With 230000 jobs live at any point and over 33 million CV's, Naukri.com serviced over 48000 corporate clients in 2012-2013. The company employs over 2500 people operating through 57 offices in 36 cities in India and overseas offices in Dubai, Riyadh, Abu Dhabi and Bahrain.
For Further Infornation Please Contact:
Varun Chopra
Tel: +91-9811241427
Email: varun.chopra@ketchumsampark.com
Manash Pratim Deka
Tel: +91-9953970829
Email: manash.pratimdeka@ketchumsampark.com
Gunjan Arora
Tel: +91-8373974590
Email: gunjan.arora@ketchumsampark.com
Ketchum Sampark Public Relations
Send to a Friend
Print This Page
