News: Job level rise by 22% in September: Naukri Job Index

C-Suite

Job level rise by 22% in September: Naukri Job Index

 As per Naukri Job Speak Index, hiring by India Inc surged by 22% in September 2010 driven by improved confidence in the economy. Hiring level rose to 943 in September this year from 773 in the corresponding period last year. However, compared to the job index in August 2010, which stood at 956, hiring levels dipped in September by 1.2%. As per data available with Naukri.com, the maximum hiring activity has been witnessed in IT sector, which has significantly ramped up recruitment activities with the job index steadily moving in a positive direction and touched its highest ever point at 1,047. The sector moved up by 45% from 718 in September 2009. Apart from IT, telecom and pharma sectors also maintained steady hiring levels. The insurance sector, however, witnessed the highest-ever decline in September as hiring activity fell by 58% in the period under review when compared to the same time a year ago.

 As per Naukri Job Speak Index, hiring by India Inc surged by 22% in September 2010 driven by improved confidence in the economy. Hiring level rose to 943 in September this year from 773 in the corresponding period last year. However, compared to the job index in August 2010, which stood at 956, hiring levels dipped in September by 1.2%. As per data available with Naukri.com, the maximum hiring activity has been witnessed in IT sector, which has significantly ramped up recruitment activities with the job index steadily moving in a positive direction and touched its highest ever point at 1,047. The sector moved up by 45% from 718 in September 2009. Apart from IT, telecom and pharma sectors also maintained steady hiring levels. The insurance sector, however, witnessed the highest-ever decline in September as hiring activity fell by 58% in the period under review when compared to the same time a year ago.

As against August this year, the ITES and insurance sectors saw the steepest monthly decline with the index dipping by 14% and 29%, respectively in September over previous month. Almost, all the other key industry sectors such as auto, construction, oil & gas and banking- registered a dip in their indices ranging from 2-5%. Among cities, Mumbai, Bangalore, Kolkata and Chennai saw an upsurge in jobs in September. On the contrary, Delhi and Pune witnessed a dip in the recruitment levels over the same time period.

Read full story

Topics: C-Suite, Talent Acquisition, #Updates

Did you find this story helpful?

Author

QUICK POLL

What are the top work tech investment focus areas for your company currently?

2 months free subscription
q_auto,f_auto/v1636479037/mag-november-2021.png

Subscribe to all new People Matters HR Magazine

.

Subscribe
And Save 59% plus Two months free

Subscribe now

What is your strategy to augment employee well-being?

READ the November 2021 issue to know from global leaders how to integrate well-being at work