Online Hiring Up 25 Pc in July: Monster.com - The New Indian Express

Online Hiring Up 25 Pc in July: Monster.com

Published: 05th August 2014 03:02 PM

Last Updated: 05th August 2014 03:02 PM

NEW DELHI: Online hiring activity grew 25 per cent year-on-year in July, registering the highest pace of growth this year, and the bullishness is expected to grow further in the coming months, says a survey.

The Monster.com employment index, rose 31 points to 154 in July from 123 points in the same month a year ago, up 25 per cent.

On a month on month basis, it registered a one point increase in July. Online hiring activity registered seventh month of expansion in a row in July.

"Monster Employment Index continues to indicate that online hiring is on an upsurge. July has witnessed the highest growth of 25 per cent breaking all records in 2014,"

Monster.com Managing Director, (India/Middle-East/Hong Kong/South East Asia), Sanjay Modi said.

Modi further said that the trend is expected to carry on in the coming months as the economy rebounds.

Year-on-year basis, online recruitment activity improved in 24 industry sectors out of 27 being monitored.

Home Appliance continued to lead all monitored industry sectors by the way of long-term growth as recruitment activity climbed 69 per cent above July 2013, closely followed by the media and entertainment sector with 63 per cent growth in online opportunities on a year-on-year basis.

Meanwhile, online demand expanded in 12 of the 13 occupation groups monitored by the Index. Demand continued to escalate for the Senior Management professionals.

A city-wise analysis shows, online opportunities exceeded the year-ago level in all 13 cities monitored by the Index.

Year-on-year, Baroda registered the steepest growth in online recruitment activity among all cities monitored by the Index, while Jaipur exhibited the most restrained but positive annual growth following a month of slump.

Among major cities, Bangalore ranked at the top in terms of increase in online hiring between July 2013 and 2014.

Year-on-year, Mumbai, Delhi-NCR, Hyderabad and Chennai registered 32 per cent, 27 per cent, 20 per cent and 32 per cent growth respectively, the report said.

comments powered by Disqus

Disclaimer: We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the NIE editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.


Read More


Astrology


follow us Mobile Site iPad News Hunt Android RSS Tumblr Linekin Pinterest Youtube Google Plus Twitter Facebook