Economy

Tier-II cities gain edge in jobs market

OUR BUREAU New Delhi | Updated on March 12, 2018 Published on August 14, 2012

Tier-II cities are apparently turning into the new metros for job seekers.

According to the Employment Index for July released by hiring portal Monster.com, Coimbatore logged the highest growth in recruitment activity at 35 per cent, followed by Kochi (21 per cent) and Jaipur (17 per cent).

The survey pointed out that of the 13 locations monitored by them eight posted a growth in employment activities.

The national capital came in at the fourth position with seven per cent growth.

Following two consecutive months of decline in the Index, the situation has improved slightly in July with a 1.6 per cent increase against the figures for June.

“Monster Employment Index growth trend reflects the cautious approach of employers amid the current economic scenario. However, despite the moderate growth, there are sectors that continue to exhibit increased recruitment activity over the year,” said Sanjay Modi, Managing Director, Monster.com (India, Middle- East and South East Asia).

Within sectors, the shipping industry posted the biggest growth in employment with a 37 per cent increase, while the telecom industry reported a 13 per cent deceleration and the saturated IT industry posted a 13 per cent dip in employment.

The Monster Employment Index analyses online job postings on various portals to give a picture of the employment activity in the country.

>aesha.datta@thehindu.co.in

Published on August 14, 2012

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