Four cities of Uttar Pradesh - Lucknow, Kanpur, Meerut and Allahabad - posted a staggering 68 per cent growth in job generation in the last fiscal, industry body Assocham has said.
Education, banking, insurance, event management, real estate, IT/ITeS, human resources, hospitality and FMCG are leading job generating sectors in the state, according to an analysis of Assocham.
Majority of other tier - I, II and III - cities, however, saw a decline in job generation between the first quarter and last quarter of 2011-12 fiscal, it said.
“Although, Uttar Pradesh accounts for a paltry 1.3 per cent in the overall job generation in India, it has undoubtedly emerged as the single most state with all leading cities registering significant growth in job generation,” Assocham national secretary general D S Rawat said.
“India has registered a dip of about 20 per cent in the total job generation during the aforesaid period which showcases a clear slowdown in employment,” Rawat said.
“This basically reinforces the picture that employers in India are turning very cautious in wake of the global economic slowdown which has also lead to a sharp decline in attrition levels at India Inc.”
Lucknow generated almost 1,700 jobs in the first quarter of the this fiscal, against about 1,100 jobs in the previous quarter, registering a growth rate of over 54 per cent.
While Meerut registered a growth rate of over 133 per cent in the quarter over quarter job growth analysis, job generation in Allahabad registered a growth rate of over 127 per cent and Kanpur registered job generation growth rate of over 24 per cent, respectively, according to the analysis.
Delhi-NCR generated over 29,000 jobs in the Q1 of the current financial year while over 1.2 lakh jobs were generated across India.
Besides, Delhi-NCR with a share of about 23 per cent has also generated maximum jobs across different sectors throughout India and in the metros during the last two consecutive quarters.
There has also been a dip ranging between 14-33 per cent across eight metros - Ahmedabad, Bangalore, Chennai, Delhi-NCR, Hyderabad, Kolkata, Mumbai and Pune, Assocham said.
Assocham tracked the data on a daily basis for vacancies posted by about 3,500 companies via job portals and advertisements in the national/regional dailies and the news journals for 56 cities and 32 sectors offering job opportunities.