Online recruitment activities in June registered 11 per cent year-on-year growth, according to the Monster Employment Index. The growth, however, was lower than in April this year.
Among sectors that saw growth are banking/financial services, insurance (up 44 per cent) followed by home appliances (up 34 per cent) and consumer goods/ FMCG, food & packaged food (up 33 per cent), a company release said.
However, the steepest year-on-year decline was seen in production & manufacturing (-22 per cent), import/export, advertising, market research, public relations (-18 per cent), BPO/ITeS (-7 per cent) and real estate (-3 per cent).
“This is the first negative growth since April 2014. The decline in demand is reflected on all other parameters as well; down 6 per cent (month-on-month), down 9 per cent (three-month) and down 8 per cent (six-month),” the release added.
Kolkata tops the table Among cities, Kolkata topped with the highest growth in online recruitment up 40 per cent, followed by Baroda (up 36 per cent) and Mumbai (up 15 per cent).
Chennai saw the steepest growth decline, down 12 per cent, while Delhi-NCR matched the year-ago level.
“The implementation of Goods and Service Tax is a progressive step and is likely to have an encouraging impact on the job market nudging the overall growth,” said Sanjay Modi, Managing Director, Monster.com, APAC & Middle-East.
Recruitment in the e-commerce sector witnessed an 8 per cent growth between June 2016 and 2017. But, month-on-month demand increased by only 1 per cent.