Hiring landscape in the country is showing signs of improvement as recruitment activity registered 20 per cent rise in July, led by the IT and BPO sector.
The Naukri Job Speak Index for the month under review stood at 1,649, up 20 per cent compared to July 2013. Monthly comparison also shows a growth of 5 per cent in hiring activity, compared to June 2014.
According to the leading job portal, employment scenario in the country is likely to improve further and especially in sectors like IT and Services.
"Hiring activity is slowly bouncing back. We expect the hiring landscape to improve in the coming six months especially in sectors like IT and Services which continue to create most of the jobs in the country," Info Edge (India) Ltd, which owns job portal Naukri.Com, Managing Director and CEO Hitesh Oberoi said.
An industry-wise analysis shows that sectors like IT and BPO, banking and telecom have seen significant uptrend in July over the same month a year ago. However, other sectors like oil & gas and insurance faced headwinds during July.
The report noted that demand for professionals working in IT and BPO saw maximum growth, followed by professionals in HR and Accounts & Finance and persons seeking employment in Marketing & Advertising.
Amongst cities, Pune saw 31 per cent growth in hiring in July 2014 over July 2013. Hyderabad and Chennai has seen a growth of 27 per cent each while Delhi NCR and Bangalore has seen a growth of 25 per cent each in the same period.
"Mumbai and Kolkata have seen a growth of 17 per cent and 5 per cent respectively in July 2014 over July 2013," Naukri.com said.
Copyright©2022 Living Media India Limited. For reprint rights: Syndications Today