News: India Inc witnesses 3 months of consecutive dip in recruitment numbers

Campus Recruitment

India Inc witnesses 3 months of consecutive dip in recruitment numbers

According to Naukri Job Speak Index, September witnessed a mixed hiring sentiment across India Inc. Some sectors like construction, insurance and auto witnessed stable hiring levels, while sectors like IT, BPO and banking have seen a drop in hiring levels in Sep-12 when compared to Aug-12. On an overall level, the job speak index has been dipping consecutively for the last three months. Hiring levels for Sep-12 are 6% lower than what it was three months ago. Hitesh Oberoi, Managing Director and CEO, Info Edge India, says, “The job market has considerably slowed down over the last six months and key sectors are adopting a cautious hiring approach. The job market will hopefully start looking up once the GDP growth picks up momentum.”

According to Naukri Job Speak Index, September witnessed a mixed hiring sentiment across India Inc. Some sectors like construction, insurance and auto witnessed stable hiring levels, while sectors like IT, BPO and banking have seen a drop in hiring levels in Sep-12 when compared to Aug-12. On an overall level, the job speak index has been dipping consecutively for the last three months. Hiring levels for Sep-12 are 6% lower than what it was three months ago. Hitesh Oberoi, Managing Director and CEO, Info Edge India, says, “The job market has considerably slowed down over the last six months and key sectors are adopting a cautious hiring approach. The job market will hopefully start looking up once the GDP growth picks up momentum.”

Source: Naukri.com

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Topics: Campus Recruitment, C-Suite, #Updates, #Jobs

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