Online hiring activity grew 17 percent in June, year-on-year basis, registering 6th month of expansion in a row, says a survey. Also Read - Online hiring activity up 11% in April: Report
According to job portal Monster.com, the business friendly and stable government has brought in a new ray of hope across sectors and strong hiring activity last month. The Monster.com employment index, rose 22 points to 153 in June from 123 points in the same month a year ago, up 17 percent. On a month on month basis, it registered a 2 points increase in June. “Increased thrust on reviving economic growth, boosting the manufacturing sector and creating more employment has led to growth in India’s business confidence,” Monster.com (India/Middle-East/Hong Kong/South East Asia) Managing Director Sanjay Modi said. Also Read - Online hiring up by 60 percent in October: Report
Year-on-year basis, online recruitment activity improved in 26 induetstry sectors out of 27 being monitored. There was an incredible upsurge in online recruitment in the NGO/social services sector with a remarkable 44 percent growth, year-on-year. The Home Appliances sector is emerging closely followed by the media/entertainment sector. Meanwhile, online demand expanded in all 13 occupational groups being monitored by the index. There continues to be a greater demand for Senior Management professionals. The group saw a 51 percent growth in demand between June 2013 and 2014. Also Read - Online hiring up by 19 percent in December 2014: Monster.com
A city-wise analysis shows that online opportunities improved in 12 of the 13 cities being monitored by the index. Bangalore (up 34 percent) continues to lead all monitored cities by the way of long-term growth for the 6th month in succession. Mumbai ranked among the top five registering a 24 per cent growth on the year. Delhi-NCR; Hyderabad; and Chennai recorded 22 percent, 16 percent and 17 percent growth respectively. However, though online recruitment in Kolkata was positive on a year-on-year basis, the pace has constantly been moderating since February this year.