Hiring for jobs sees 16% growth in February

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First Published 13, Mar 2019, 5:35 PM IST
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Hiring for jobs sees 16% growth in February
Highlights

Chennai and Mumbai topped the list of destinations for jobs while the IT sector tops the overall hiring among the sectors

IT and software led hiring showed 38% growth alone in the overall 16% growth registered in hiring in the month of February says a report.  

"The JobSpeak index continues to sustain the momentum gained and has shown a 16 percent YOY growth in Feb precedes by a 15 percent growth in January. In the latest hiring outlook survey with over 3,300 recruiters across the country had anticipated increased hiring, wherein 84 percent recruiters said new jobs would be created," InfoEdge India CMO Sumeet Singh said.  

The index calculates records of hiring activities based on the jobs on a monthly basis from naukri.com 

The index for February 2019 stood at 2,415, compared to 2,087 in February 2018.  

Sectors like construction and engineering saw an increase of 16% whereas HR functional area saw a 20% increase in hiring. 

Hiring for management jobs with experience band of four to seven years saw a growth of 15%. 

The metropolitan cities, which topped the list in these hiring are Chennai with 30% followed by Mumbai with 26%. Where Chennai is led by growth in hiring for the industrial sectors like auto ancillary (26%), BPO (13 percent) while FMCG saw a dip of 14%. 

While in Mumbai, the industries which dominated the hiring space for the city were FMCG (28 percent) and IT-software (32 percent), auto (80 percent).  

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