Hiring in the first month of the current financial year was 12 per cent higher than recruitment activity recorded during the same period last year, according to Naukri.com’s Job Speak index.
Although some sectors such as auto and telecom are still on the recovery path, hiring in sectors such as IT and banking are growing. The index for the IT sector in April 2012 at 1400 is 18 per cent higher when compared to last year.
“While hiring in certain sectors has slowed down, most companies are still cautiously optimistic as good talent is difficult to find. Therefore, we do not expect hiring to slow down in the coming months,” said Mr Hitesh Oberoi, Managing Director and CEO, Info Edge India.
On the basis of job listings added to the site every month, the data shows an increase or decrease in the index, taken as 1000 since July 2008.
The subsequent months have been indexed with data of July 2008. The monthly report shows hiring trends across industry sectors, geographies and functional areas.
The Naukri Job Speak index includes both online jobs as wells as jobs acquired from existing clients by the job portal’s tele-calling team.