- A positive hiring activity was witnessed across all the top industry sectors, cities and functional areas
- On a national level the index moved up by 4% in Mar-11 as compared to Feb-11
The Naukri Job Speak index for Bangalore in Mar-11 was at 1128 as compared to 1051 in Feb-11, thus indicating a 7% jump in hiring activity. The hiring activity for the top industry sectors has been forging ahead strongly bringing forth this much desired buoyancy in the employment scenario.
The index for IT sector, which is key sector in Bangalore, has seen an upbeat hiring scenario with job index at 1198 in Mar-11 being the highest ever. This is 91% higher than the May-09 levels where the index dipped to an all time low of 626. This also dovetails with the optimism in the Naukri Hiring Outlook Survey where 82% of recruiters from the IT sector had anticipated that new jobs will be created in the first half of 2011. When we compare the Mar-11 index of Bangalore with the Mar-10 index then there has been a 27% jump in hiring activity.
Hitesh Oberoi, CEO and MD, Info Edge India said “The hiring activity during the first few months of 2011 has been more widespread than in the past couple of years, as all key industry sectors have started rebuilding their staff strength and gearing up for an optimistic FY 2011-12.”
An in-depth analysis of the indices shows that all the top industry sectors barring Construction and Engineering have registered positive monthly growth in Mar-11 as compared to Feb-11. Auto, IT and ITES sector witnessed maximum movement in the employment front both monthly as well as annually as the index moved up by 7%, 6% and 5% respectively in Mar-11 over Feb-11 and by 27%, 34% and 10% in Mar-11 over Mar-10. Construction and Engineering saw a 6% monthly dip in hiring activity whereas Oil and Gas, Telecom and Banking sectors saw their job indices moving up by 4% respectively in Mar-11 over Feb-11.
The hottest skill sets for the month of Mar-11 were professionals in Production and ITES where the index moved up by 10% and 9% respectively as compared Feb-11. The demand for professionals in HR, Accounts, Sales, and IT moved up within the range of 3% and 5% in Mar-11 over Feb-11.
About Naukri.com
Naukri.com, India’s No. 1 job site and the flagship brand of Info Edge revolutionized the concept of recruitment in India. Since its inception in 1997, Naukri.com has seen continued growth while outperforming its competitors in every sphere. Info Edge is the first internet Company to be listed in India.
Naukri.com is a recruitment platform that provides hiring-related services to corporates/ recruiters, placement agencies and to job seekers in India and overseas. It offers multiple products like Resume Database Access, and Response Management tools and its services include Job Postings, and recruiter branding solutions on the site. With 200000 jobs live at any point, Naukri.com serviced over 35500 corporate clients in 2009-2010.
