Non-IT Sectors Including Production And Auto Uplift Hiring Sentiment In December
For some more months the job market will remain volatile before it turns positive said the Naukri.com Chief Sales Officer.
Hiring activity got a boost last month and registered a jump of 10% in comparison to the corresponding period last year primarily supported by non-IT sectors including construction, industrial products.
"The job market continues to sustain the momentum gained in November. Non-IT sectors like industrial products, construction, engineering, auto and BFSI have led the growth for the past few months", said Naukri.com Chief Sales Officer V Suresh.
The recovery in the job market is highlighted with the Naukri Job Speak Index reported at 1,833, higher by 10% over December 2016. On a year on year basis, the activity was up 16% in November.
As quoted in the PTI report, Naukri.com's CSO said that for some more months the job market will remain volatile before it turns positive.
In comparison to the year ago period some of the non-IT sectors including production or maintenance and auto registered jump in hiring activity of 42% and 31% respectively in the December month.
The demand for entry-level jobs that require 0-3 years and 4-7 years experience jumped by 33% and 26% respectively in December over the corresponding period last year. While jobs that required experience of 8-12 years and 13-16 years, saw a jump in hiring of 21% and 19% respectively.
Major cities reported an increase in the number of job offers. Index for Kolkata, Chennai, Delhi/NCR and Bengaluru reported 40%, 15%, 7% and 4% increase in hiring activity on a year on year basis during December.
With Inputs From PTI