Hiring sentiment across some parts of the country continued to be weak with the exception of Kolkata. India Inc witnessed a 4 per cent decline in recruitment in November 2012 when compared to October this year, a recent report by online job portal naukri.com has revealed.
According to the report, Kolkata and Hyderabad witnessed positive growth figures with hiring activity picking up by 15 per cent and 5 per cent respectively over the previous month. Bangalore saw stable hiring.
The other metros such as Mumbai, Delhi and Chennai saw negative movements of three per cent, nine per cent and one per cent respectively. Pune saw a six per cent dip in hiring activity on a month-on-month basis.
PTI adds: Hiring activities slowed in November as companies exercised a cautious approach across most sectors amid economic uncertainties, the report said.
Telecom, auto, insurance, oil & gas, banking and IT-software were among the sectors that witnessed sluggish recruitment activities last month compared to October, according to Naukri.com.
In November, the Naukri JobSpeak Index — that indicates online job demand — slumped to 1,120 from 1,162 in October.
Naukri.com in a statement today said the fall can be attributed to the festive season spanning across the month as well as the uncertain economic outlook.
“There is some caution in the environment as the IT-software sector, which is the biggest job creator of the country, has seen consecutive five months of dips in hiring activity,” it said.
However, the pharma sector saw hiring activities rise by seven per cent last month compared to October.
“A look at the index for the past three years shows that there is usually a dip in hiring during the festive season.
However, this year recruiters are cautious and any short-term recovery may not be sustained because of the uncertain economic background,” Info Edge CEO and MD Hitesh Oberoi said.
Naukri.com is a part of Info Edge group.