Economy

Hiring grows 9% in March: Naukri

Our Bureau New Delhi | Updated on January 27, 2018 Published on April 13, 2015
The sectors which recorded the maximum year-on-year growth were Banking and Financial Services (BFSI) and accounting and finance. File Photo

The sectors which recorded the maximum year-on-year growth were Banking and Financial Services (BFSI) and accounting and finance. File Photo   -  The Hindu

Banking, IT sectors lead the pack

Hiring activity in India grew by 9 per cent in March, led by the banking and IT sectors, a report from job portal Naukri.com said on Monday.

Naukri Job Speak Index for March 2015 stood at 1609, which shows a 9 per cent increase in hiring activity over March 2014. Banking and Financial Services (BFSI) showed a record year-on year growth of 129 per cent, while IT sector grew 17 per cent, the study said.

“The year 2015-16 will bring cheer to jobseekers across cities and industries. We can expect the index to move further north as the mood is positive and there is sign of cautious optimism across sectors,” V. Suresh, Executive Vice President and Chief Sales Officer, Naukri.com, said.

However, few sectors witnessed a decline in hiring such as construction and engineering (6 per cent), auto (11 per cent), and insurance (18 per cent).

The demand for professionals in IT was the highest at 31 per cent, followed by consulting at 27 per cent, the study said. There was a 21 per cent increase in demand for HR professionals in March 2015 over March 2014.

On the other hand, the demand for professionals working in Packaging and Supply Chain saw a decline of 6 per cent and 20 per cent, respectively.

City wise, Pune led the pack with 17 per cent increase in hiring, followed by Delhi and Mumbai.

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Published on April 13, 2015
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