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Thursday, March 22, 2012

Hiring on a high


Despite the uncertainty prevailing in the overall economic scenario, the Indian job market exhibited positive signs at the beginning of 2012. The Naukri Job Speak index for Jan- 2012 at 1,121 is 4 per cent higher than December, 2011 index and 16 per cent more than the Jan, 2011 index. On a year-on-year comparison, barring ITES and Construction sectors, all the other key industry sectors have seen double digit percentage hikes in their hiring activity.

Hitesh Oberoi, CEO and MD, Info Edge India said, “With the beginning of the new year, the recruitment scenario seems to be moving in a positive direction. However, this year, firms will be more particular about recruiting the right talent and employees who can make meaningful contributions to the firm.”
Industry Sector Analysis:

An in-depth analysis of the indices shows that most of the top industry sectors have registered positive monthly growth in January when compared to December, 2011. ITES, Oil and Gas and Telecom sectors witnessed strong hiring trends with the index moving up by 19, 18 and 16 per cent, respectively in January over December, 2011. Hiring activity in the Construction and Pharma sectors has been stable when compared to last month, while IT and Banking sectors have seen 3 per cent upward movement in hiring activity in Jan-12 over Dec-11. — TNS

Source : TRIBUNE INDIA

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