In a reflection of a slowing economy, new job creation across India declined by 14.1 per cent during the second half of 2012-13 compared with the same period last year, says a new study.
Among cities, Ahmedabad registered the steepest fall with -37.4 per cent, followed by Pune at -23.2 per cent, Mumbai -21.6 per cent, Kolkata -18 per cent), Chennai -11.3 per cent, Bangalore -9.9 per cent and Delhi/NCR -1.6 per cent, says a study by industry chambers Assocham, which tracked online job portals, and job-related advertisements published in the national and regional newspapers for 56 cities.
“India's slowing economy and policy unpredictability had significantly slowed down fresh investments and hurt job creation across the country,” says the study.
“A total of over 5.38 lakh jobs were generated across India during the financial year 2012-13 with 2.65 lakh jobs being generated in the first half of the year and 2.73 lakh jobs during the second half of the financial year,” it added.
Among the cities, the highest number of news jobs were seen in the Delhi-National Capital Region with over 66,000 jobs created, followed by Bangalore with over 40,000 jobs, Mumbai over 35,500 jobs, Chennai almost 21,000 jobs and Hyderabad 20,930 jobs.
Sector-wise, information technology ranked on top with 1.2 lakh new jobs during the second half of 2012-13, followed by academics and education with over 19,500 jobs.
In terms of growth, the aviation sector created the highest number of new jobs at over 72 per cent, followed by human resources at 16.3 per cent, academics and the education sector 8 per cent and real estate 0.2 per cent.
Among the tier-II cities, Kochi registered the highest growth rate in new jobs at 16.2 per cent, followed by Lucknow and Meerut with growth rates of 4.9 per cent and 3.5 per cent, respectively.
Among tier-III cities Dehradun (Uttarakhand) topped in registering positive growth in new jobs at 26.9 per cent, followed by Udaipur (Rajasthan) at 24.1 per cent.