Hiring activity up 19% in May: Survey

Our Bureau New Delhi | Updated on November 24, 2017

Media & entertainment sector sees 59% growth

Hiring activity grew by 19 per cent in May compared with the same month last year, the highest-ever since February 2013, according to the Monster Employment index.

Media and entertainment industry saw a significant 59 per cent growth between May 2013 and 2014 and lead all other sectors. This was followed by Travel and Tourism and BPO and ITES sector in the growth chart, the survey said. In a statement, Sanjay Modi Managing Director (India/Middle East /Hong Kong/South East Asia) said: “With a 19 per cent growth in the overall hiring activity which has been the highest since February 2013, Monster Employment Index reflects business optimism.

“Industry-wise on a year-on-year comparison, there has been a 59 per cent growth in the Media & Entertainment industry making it the top growth sector. There is a great deal of overall sanguinity around the new government to revive the economic momentum and constructing an investment friendly environment enabling creation of new jobs.”

In terms of city-wise purview, Bangalore and Mumbai showed a 27 per cent growth in job opportunities.

Published on June 08, 2014

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