The Monster Employment Index India stood at 249 in October, registering a 3 point jump over the previous month and a 8 per cent jump over October 2015.
Education continues to lead industries with a year-on-year growth of 67 per cent in October. Moreover, the month also witnessed huge festive season sales resulting in increased online hiring in BPO sector (up 44 per cent) along with the logistics industry (up by 27 per cent) and customer service professionals (up 74 per cent).
Modi added that festivities lead to an increased online hiring activity in the BPO sector along with a steep rise in demand for customer service professionals.
However, growth in the production and manufacturing sector has been declining for the past three months. Reduced consumption, unfavorable private investment climate and a relatively slow pace of growth in reforms have led to sluggish growth in this sector.
Among the tier-II towns, Jaipur (up 28 per cent) and Kochi (up 27 per cent) have shown significant growth figures, the report said.
Disclaimer: No Business Standard Journalist was involved in creation of this content