Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Online hiring up 6% YoY in February: Report

Online hiring up 6% YoY in February: Report

Naukri dot comNew Delhi : Online hiring activity registered a 6 per cent growth year-on-year (YoY) in February as job markets continued to remain volatile, a Naukri.com report said here on Wednesday.

The survey said the Naukri Job Speak index for February at 2,087 recorded a 6 per cent growth from the corresponding month in 2017, indicating optimism across industries, including BFSI (banking, financial services and insurance).

According to the job portal’s report, the YoY comparison highlighted that top metros maintained a steady growth while the tier II markets were not far behind — signalling a healthy uptrend.

Mumbai witnessed a significant 12 per cent jump in hiring when compared to February 2017, while the national capital New Delhi grew by 4 per cent, it added.

“As predicted earlier, the job market continues to be volatile. The Job Speak index has shown a YoY growth of 6 per cent in February,” said V. Suresh, Chief Sales Officer, Naukri.com.

“This growth is primarily driven by non-IT sectors like oil and gas, BFSI, industrial products, construction and automobile. The IT sector continues to be under pressure, we can expect this volatility to continue for a few more months before it moves north,” he added.

The report revealed that in February 2018, the industry which incurred a record high in terms of hiring was the oil and gas sector.

“This trend is closely followed by banking and financial services, and insurance sectors at 16 per cent and 22 per cent, respectively,” the report said.

It pointed out that while the index noticed less movement for IT and BPO sectors during the month under review, jobs in industrial products/heavy machinery grew by 22 per cent.

In terms of functional areas, the report showed that banking/insurance grew by 7 per cent in February, while production/maintenance and site engineering jobs saw a 21 per cent and 19 per cent growth, respectively.

Marketing and advertising roles saw a 9 per cent growth during the month under review.

—IANS

Online hiring up 16% YoY in Nov: Report

Online hiring up 16% YoY in Nov: Report

Naukri dot comNew Delhi : Online hiring activity registered a 16 per cent growth year-on-year (YoY) during November primarily driven by growth in the non-IT sector, a report by job portal Naukri.com said on Tuesday.

According to the survey, the Naukri JobSpeak index for November at 2,113 saw a 16 per cent growth from the corresponding month in 2016, with a broad-based growth in jobs observed in multiple industries.

“The Jobspeak Index has shown 16 per cent YoY growth in November, primarily driven by growth in the non-IT sector,” said V. Suresh, Chief Sales Officer, Naukri.com.

“Good to see sectors viz construction, engineering, auto, industrial products and banking showing significant growth over last year. We can expect the market to further gain momentum and move north in the next few quarters,” he added.

The report pointed out that jobs in construction/engineering industry went up by 46 per cent while jobs in auto sector saw a growth of 39 per cent in the period under review.

During the same period, jobs in heavy machinery and banking sector saw a 30 per cent and 24 per cent growth in hiring, respectively, the report said.

“Jobs in BPO sector went up by 14 per cent in November 2017 when compared to November 2016. The IT software sector also witnessed a seven per cent increase in jobs over the same time period,” it added.

The report noted that while production/maintenance jobs rose by 37 per cent, site engineering jobs saw a 30 per cent growth during the period.

Accounts/finance and marketing/advertising jobs saw a 27 per cent and 26 per cent growth, respectively, while sales jobs recorded 23 per cent rise during November 2017, the survey highlighted.

Of the eight metro cities tracked by the job portal, seven recorded an increase in hiring activity in November.

“The index for Kolkata grew by 51 per cent, while Delhi NCR and Mumbai saw growth of 15 per cent and 16 per cent, respectively, in hiring in the same time period. Bangalore saw a dip of three per cent in jobs,” said the survey.

It added that the positive trend of job growth was also seen in smaller cities.

—IANS