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The Naukri Job Speak index for Hyderabad for December 2010 was at 946, as compared to 874 in the previous month, indicating a 8 per cent rise in hiring and a positive sentiment among recruiters.
Traditionally, December witnesses a dip in hiring owing to the holiday season, but this year it has been stable.
Mr Hitesh Oberoi, CEO and MD, Info Edge India, said 2011 brings renewed optimism in the employment market. “Job Street will start gaining momentum in the first quarter and accelerate by mid-year,” he said.
Analysis of the indices shows that auto, oil & gas and construction sectors registered monthly growths of 8 per cent, five per cent and four per cent respectively in December 2010 over the previous month. However, hiring activity in the telecom sector dipped to an all-time low during the month, with the job index moving down by 16 per cent.
Hiring activity in the IT and software sectors maintained steady rates, while hiring by the BPO and banking sectors dipped marginally by 4 and 3 per cent respectively. The hottest skill sets for the month were production and maintenance, while hiring of professionals in sales and project management also moved up, according to the survey report.
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