NEW DELHI: The Indian job market registered 14 per cent growth during September as major sectors are on a revival mode and hiring activities have picked up across the board, says a report.
TimesJobs.com's employment index -- The RecruiteX -- recorded 14 per cent increase in September 2014 over August 2014 with the IT/Telecom industry witnessing a 20 per cent increase in employment opportunities in just one month.
"Considering the current pattern, it seems the Indian job market will stabilise in the coming months as the major sectors are on a revival mode and hiring activity picks up across core and support functions," TimesJobs.com COO Vivek Madhukar said.
Though the hiring pattern is strong across all levels in the IT/Telecom industry, the time is best for senior IT professionals to look for a job.
Job opportunities have doubled for senior IT professionals with over 20 years' experience, with a 67 per cent increase from January to September 2014 period.
As per TimesJobs.com data, software engineers, application programmers, database administrators, graphic designers/animators/web designers and project leaders/project managers are the hottest jobs in the IT industry, currently.
Meanwhile, the abundance of jobs is not limited to the IT/Telecom sector, the ITeS/BPO industry has also reported an 18 per cent increase in job postings in September 2014.
Moreover, hiring in high-volume sectors such as BFSI, retail, healthcare/pharmaceutical/biotechnology is also on a revival mode.
Among the top metros, Delhi NCR is leading recruitment charts with a 21 per cent increase in job postings, followed by Bangalore. In tier I locations, Hyderabad reported a double-digit growth in demand.
Mid-level hiring (of professionals with 5-10 years experience) was upbeat in September 2014. The demand for over 20 years and 2-5 years experience reported a 10 and 12 per cent growth, respectively, the report said.