Hiring on the rise, job prospects improve in India
Wednesday, 12 January 2011, 00:40 IST
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Hiring on the rise, job prospects improve in India
New Delhi: The overall hiring scenario in the country improved in December as recruitment activities picked up pace across various sectors, with bright job prospects forecast for this year, according to two reports. Online job portal Monster.com's employment index rose to 112 in December 2010 from 109 seen in previous month. Online recruitment site Naukri.com's job index too climbed to 928 in December as compared to 922 in November 2010. Both indices reflect the overall recruitment activities every month. "Opportunities in the IT sector were up by eight percent (in December 2010) above the November levels. Online opportunities in BPO/ITES sector expanded five percent." Online hiring in the retail sector continued to trend upward for the fourth month, adding 10 points in December," Monster.com said in a statement. Monster.com's Managing Director (India, Middle East, South East Asia) Sanjay Modi said online recruitment, especially sectors like IT and BPO/ITES, ended the year on a high note. Meanwhile, Naukri.com, which is part of Info Edge, noted that the index for December indicated steady hiring levels and a positive sentiment among recruiters. "2011 brings forth renewed optimism in the employment scenario. Job seekers can look forward to happy times ahead as Job Street will start gaining momentum in the first quarter and accelerate by mid year," Info Edge India's CEO and Managing Director Hitesh Oberoi said in a separate statement. According to Naukri.com, auto, oil & gas and construction sectors registered positive monthly growths of eight percent, five percent and four percent, respectively in December. According to the online portal, Hyderabad and Mumbai maintained strong hiring trends in December last year.
Source: PTI
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