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Healthcare, hospitality lead in job creation

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BS Reporters Bangalore/ Chennai

The organised sector in India would create about 320,000 jobs between July and September, according to the Ma Foi Randstad Employment Trends Survey. There is optimism in the economic scenario across all sectors and most of the new jobs created are in services, it says.

Conducted among 650 companies across 13 industry segments that included eight Indian cities, the survey revealed 418,000 jobs were created between January and June, with the healthcare sector creating 121,000 jobs, with another 63,000 in the hospitality sector. The top five sectors leading the boom are healthcare, hospitality, real estate and construction, information technology and IT-enabled services, and education, training and consulting.

 

New Delhi, Mumbai and Chennai were the cities leading on jobs, by creating 112,000 between January and September. Kolkata, Bangalore and Hyderabad follow, creating 30,000-plus during the same period.

Real estate and construction leads with the highest growth in number of people employed. It also expects growth in average salary by about four per cent, followed by pharma (3.5 per cent) and healthcare (3.4 per cent) during the third quarter.

Bangalore expects a rise in average salary by about 4.9 per cent (the highest), followed by Delhi and Pune (both 3.5 per cent) during the third quarter.

The estimated proportion of experienced workforce is the highest in the pharma sector, 87 per cent. Healthcare is estimated to have the highest percentage of freshers,at 38 per cent. Kolkata has the highest estimated percentage of experienced workforce, at 82 per cent, and New Delhi the highest estimated percentage of freshers(35 per cent).

Ben Noteboom, chief executive officer and chairman of the executive board at Randstad, said: “We see positive trends across many economies across the globe, such as USA, Germany, France, Asia-Pacific and parts of Europe, which are clearly growing. India would continue its economic growth and employment generation,fuelled by its domestic consumption and stabilising global economy.”

K Pandia Rajan, managing director & CEO, Ma Foi Randstad, said: “We see a clear trend of increased optimism in hiring spread across all sectors, and the service sectors like healthcare and hospitality, spearheading the boom by adding a significant number of jobs. The buoyant economy has given a boost to real estate & construction, which has demonstrated the highest growth in employment figures. We are positive that this trend will continue in the next quarter, too.”

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First Published: Sep 16 2010 | 12:35 AM IST

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