The Indian job market ended 2014 on a cheerful note as online hiring activity registered 19 percent year-on-year growth and the outlook for this year looks bullish too, says a report. Also Read - Online hiring activity up 11% in April: Report
Monster.com’s employment index, a monthly gauge of the country’s online job demand, stood at 160 during December, registering 19 percent growth over December 2013 when it stood at 135. “Monster Employment Index has shown robust annual growth rates in the online employment sector for 2014. The positive year-on-year growth signifies that 2015 is expected to be a better year for job seekers and recruiters,” Monster.com (India/Middle-East/South East Asia/Hong Kong) Managing Director Sanjay Modi said. Also Read - Online hiring up by 60 percent in October: Report
On a month-to-month basis as well, the index witnessed an increase after three consecutive months of stagnation in online hiring activity as December saw a growth of 16 points from 144 points in November. “With the increased impetus of the government to make India job ready, the recruitment industry is surely expected to do better in 2015,” Modi added. Industry-wise, 16 of the 27 industry sectors monitored by the Index registered positive growth. Home appliances (up 45 percent) industry led all industry sectors by the way of long term growth even in December. Also Read - Online hiring up by 25 percent in July: Monster.com
Online demand improved for all 13 occupation groups monitored by the Index while the demand for senior management professionals increased by 41 percent. Marketing and communications was the second-rung as it registered 39 percent growth in online demand year-on-year. Citywise, online opportunities exceeded the year-ago level in 12 of the 13 cities monitored by the Index even this month. Baroda (up 32 percent) saw the steepest growth in online recruitment activity from the year-ago. The city also recorded the most notable month-on-month growth among all monitored cities, the report added.