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Online recruitment for jobs in the government, public sector undertakings and the Defence declined 34 per cent in April year-on-year, according to a report by online recruitment platform Monster.com.
The government, PSUs, and the Defence Sector reported the steepest annual decline among all monitored industry sectors, the report said.
BPO, ITeS follow
This was followed by BPO and ITeS sectors that saw lesser employment opportunities with a decline of 16 per cent. However, it was an improvement over last year when it was a 24 per cent decline, the report stated.
The overall online recruitment registered an annual growth of 11 per cent for the month of April. Production and manufacturing sector saw the highest growth in terms of online recruitment, up 54 per cent in April 2018 over April 2017.
Telecom sector saw the least growth, down 42 per cent in March 2018, the lowest recorded since March 2017. According to the report, this is due to cautious hiring by telecom players because of ongoing mergers and acquisitions.
Abhijeet Mukherjee, CEO, Monster.com – APAC & Gulf, said in a press statement that online hiring is picking up at a strong pace and online recruitment activity around production and manufacturing is seeing a sharp rise.
“However, ongoing mergers and acquisitions in the Telecom sector have created a cautious hiring scenario. This reiterates the need for companies to focus on re-skilling and upskilling existing employees and for job-seekers to gain new skills,” he added.
Professionals in demand
In terms of occupation, there has been a notable increase in demand for healthcare professionals, which saw year-on-year increase of 43 per cent, the highest recorded among all monitored job roles.
After healthcare, demand for finance and account professionals and senior management professionals saw year-on-year increase of 36 per cent and 30 per cent respectively in April 2018.
In the 13 cities monitored by the Index, Jaipur recorded a growth of 28 per cent during the month under review, followed by Kochi, Chandigarh and Kolkata at 24 per cent.
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