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Hiring activity slows in Oct vs Sep

The recruitment activities improved in October compared to the same period last year, helped by better trend in IT and telecom sectors, Monster.com said on Tuesday. However, it slipped marginally compared to September this year.


twitter-logo PTI   New Delhi     Last Updated: November 8, 2011  | 22:10 IST

The recruitment activities improved in October compared to the same period last year, helped by better trend in IT and telecom sectors, Monster.com said on Tuesday.

The leading job portal's employment index rose 12 per cent to 119 last month compared to the same period last year.

However, the index - a monthly gauge of online job demand - slipped marginally compared to September this year.

In a statement released on Tuesday, Monster.com said that import/export, IT hardware, software are among the fast moving sectors on an annual basis.

"The Monster Employment Index India maintained positive momentum with double digit annual growth driven by persistently elevated recruitment activity across sectors like IT-Hardware, Software, Telecom ISP and Banking/Financial Services and Insurance," Monster.com's Managing Director (India/ Middle East/ South East Asia) Sanjay Modi said.

According to the statement, banking/financial services/ insurance sector continued to exhibit upward annual growth trends despite moderation in pace.

"Marketing & Communications (down 4 per cent) registered the steepest annual decline while legal professionals saw opportunities taper further on the month...," it added.

 

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