Online hiring grows 5 percent in September, outlook positive

Driven by sectors like IT/ITeS and banking, online hiring grew at a clip of five per cent in September and with the festive season round the corner the outlook appears quite bullish, says a report.

CHENNAI: Driven by sectors like IT/ITeS and banking, online hiring grew at a clip of five per cent in September and with the festive season round the corner the outlook appears quite bullish, says a report.
The Naukri Job Speak Index for September stood at 1,888, a gain of 5 per cent in hiring activity over the same period a year ago.

“After an impressive 22 per cent and 10 per cent year-on-year growth in July and August, respectively, the September index seems to have slowed a bit, but the good news is the sustained positive momentum in key sectors like IT/ITeS and banking,” Naukri.com Chief Sales Officer V Suresh said.
In terms of profession, while IT-software expanded at 6 per cent, IT–hardware jobs fell 5 per cent. Pharma/biotech was in a better shape, clocking 12 per cent growth. Banking service jobs rose 25 per cent while insurance clocked an even more impressive 43 per cent yearly growth in September.
Among metro cities, all except Delhi saw either a flat growth or a dip when it came to jobs expansion. Delhi NCR recorded a 10 per cent annual increase in jobs. Bangalore jobs were flat at 2 per cent alongwith Mumbai and Chennai at two and three per cent respectively.

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