During the first half of 2010, Online hiring activity by Indian companies has risen around 42 per cent. According to the Monster Employment Index, it climbed by 42 per cent to 135 in June this year as compared to 95 in December 2009.
Online hiring in the IT industry during January-June period registered 66 per cent growth, followed by the sector comprising of engineering, cement, construction, iron and steel, which grew by 48 per cent. The Advertising and Public Relations industry was the worst affected as it declined by around 13 per cent in the first six months.
Meanwhile, online hiring in the banking, finance and insurance sector continued its gradual rise with three per cent growth in June over the previous month.In contrast, the real estate sector slid by three per cent in June, while maintaining one of the steadiest three and six-month job growth rates at 52 per cent and 47 per cent, respectively.
If we look at the cities, Kolkata registered 5 per cent increase in June, while Chandigarh saw steepest decline of nine per cent.Delhi NCR witness a rise of one per cent in hiring activity in June, while Mumbai saw an increase of 3 per cent.Among the other metropolitan markets, Hyderabad, recorded a four per cent growth while Bangalore saw reduced opportunities, demand edging down by two points.
Online hiring in the IT industry during January-June period registered 66 per cent growth, followed by the sector comprising of engineering, cement, construction, iron and steel, which grew by 48 per cent. The Advertising and Public Relations industry was the worst affected as it declined by around 13 per cent in the first six months.
Meanwhile, online hiring in the banking, finance and insurance sector continued its gradual rise with three per cent growth in June over the previous month.In contrast, the real estate sector slid by three per cent in June, while maintaining one of the steadiest three and six-month job growth rates at 52 per cent and 47 per cent, respectively.
If we look at the cities, Kolkata registered 5 per cent increase in June, while Chandigarh saw steepest decline of nine per cent.Delhi NCR witness a rise of one per cent in hiring activity in June, while Mumbai saw an increase of 3 per cent.Among the other metropolitan markets, Hyderabad, recorded a four per cent growth while Bangalore saw reduced opportunities, demand edging down by two points.
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