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Hiring activities in Chennai up 8% in July: Naukri index

BFSI logs maximum growth in hiring activity at 50%

<a href="http://www.shutterstock.com/pic-134921882/stock-photo-the-word-jobs-on-a-green-freeway-sign-pointing-you-to-open-positions-and-a-new-career-and-employment.html?src=wApl9gBGa8WyiNpAkwz03Q-1-3" target="_blank">Job</a> image via Shutterstock

BS Reporter Chennai
Hiring activities in Chennai rose 8% in July 2015 year-on-year, according to Naukri Job Speak index.

Among the key sectors in the city, BFSI witnessed maximum growth of 50% in the hiring activity. On the other hand, oil & gas and auto recorded a decrease of 27% & 15% respectively over the same period. Hiring in real estate segment also fell.

The IT- hardware and software industries witnessed y-o-y growth of 21% and 26% respectively in the July 2015 index. The healthcare industry registered a growth of 15% whereas hiring in pharma rose 16% in July 2015.

The demand for professionals in the banking and insurance space saw a y-o-y growth of 19% in July 2015 over July 2014.
 

At the same time, demand for professionals in the pharma and IT-software space grew 36% and 23% in the July 2015 index. The demand for professionals in top management roles increased by 11% y-o-y in July 2015.

On the other hand, the demand for professionals working in production/maintenance and ITES saw a y-o-y decline of 6% and 3% respectively in the July 2015 index.

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First Published: Aug 20 2015 | 10:04 AM IST

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