The Hindu Business Line : Indian cos hiring picks up 4.1% in Sept

NEW DELHI: India Inc's hiring activity picked up 4.1 per cent in September with IT, BPO and real estate sectors turning bullish after a long time, a report by job portal naurkri.com has said.

The naukri.com's monthly 'JobSpeak index' increased to 729 in September from 701 in August this year. “The secular trend is positive across sectors. Had it not been for an early festival season we may have seen further improvement in the index.

“The good news is that the IT and BPO sectors which are big employers especially at entry and junior levels seem to be in positive territory after a long time,” Info Edge (owner of naukri.com) COO and Director Mr Hitesh Oberoi said.

Moreover, on the three-month moving average, the index inched up to 719 in September from 715 in August. Last month, companies' hiring activity saw a positive trend with 14 out of 41 sectors covered showing a double digit rise in hiring activities.

The IT-enabled services (ITeS) and BPO, real estate and retail sectors saw a significant push in September as compared to August, the report stated. The ITeS/BPO sector, saw an increase of 18.3 per cent in hiring activity in September, while real estate and retail saw a rise of 36.8 per cent and 12.2 per cent, respectively. - PTI

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