Hiring sentiment dips across sectors: Naukri.com

India Inc is adopting a cautious stance amid global economic crunch and rising inflation rates, as only 62 per cent of recruiters are expecting to add new jobs in the second half of this year, down 22.5 per cent from the comparable period a year ago, says a survey.

The survey by leading job portal Naukri.com has revealed a dip in hiring sentiment across sectors, with only 62 per cent of recruiters saying that new jobs will be created in the second half of 2012, as compared to 80 per cent a year ago.

A significant number of employers (84 per cent), however, believe that jobs will be created in entry level and mid level category.

"As we witness deceleration in the economy, hiring intentions have also witnessed a more muted outlook. The drop in the overall hiring sentiment indicates that recruiters have factored in most of the bad news," Info Edge India, owner of job portal Naukri.com, Chief Financial Officer Ambarish Raghuvanshi said.

Prospective in the job market has witnessed a slowdown in the second half of this year as compared to the beginning of this year as 62 per cent of recruiters anticipate new jobs to be created in the second half of 2012 as compared to 72 per cent at the beginning of the year.

However, attrition levels have cooled to some extent as low economic sentiment and decline in new job opportunities