News: Online hiring activity grew 10% in Nov: Monster Index

Talent Acquisition

Online hiring activity grew 10% in Nov: Monster Index

According to Monster.com’s employment index, despite a month-on-month decline, online hiring activity in India registered a 10 percent rise during November from the year ago period, signaling the ongoing confidence by Indian businesses in the economy. A sectoral analysis showed that 16 of the 27 industry sectors monitored by the Monster Employment Index registered expansion in online recruitment activity between November 2011 and the same month this year. Sectors like Engineering, Construction, Education, Auto, Healthcare have shown positive annual growth. Arts/Creative field registered the most substantial annual gains amongst the occupational groups (up 28 percent) followed by Legal (up 14 percent). Meanwhile, finance & accounts exhibited the steepest annual decline among occupation groups (down eight percent).

According to Monster.com’s employment index, despite a month-on-month decline, online hiring activity in India registered a 10 percent rise during November from the year ago period, signaling the ongoing confidence by Indian businesses in the economy. A sectoral analysis showed that 16 of the 27 industry sectors monitored by the Monster Employment Index registered expansion in online recruitment activity between November 2011 and the same month this year. Sectors like Engineering, Construction, Education, Auto, Healthcare have shown positive annual growth. Arts/Creative field registered the most substantial annual gains amongst the occupational groups (up 28 percent) followed by Legal (up 14 percent). Meanwhile, finance & accounts exhibited the steepest annual decline among occupation groups (down eight percent).

Source: The Financial Express

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Topics: Talent Acquisition, #Updates, #Jobs

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