Online hiring activity registered a decline of nearly 4% in July
over the same month a year ago amid weak economic conditions, according
to a research by job portal Monster.com.
On a
month-to-month basis, the index witnessed even a sharper decline as it
was down by 6.10% to 123 in July from 131 it registered in June.
"The
decline in annual growth is reflective of the prevailing challenging
economic conditions. Keeping in mind the uncertain economic/ political
scenario, companies are adopting a cautious approach while hiring which
is reflected in the index," Monster.com (India/ Middle-East/South-East
Asia) Managing Director Sanjay Modi said.
A
sectoral analysis shows that 12 of the 27 industry sectors monitored by
the Monster Employment Index registered expansion in online recruitment
activity between July 2012 and July 2013.
While
hiring in telecom/ISP sector improved by 20% followed by BPO/ITeS
sector (up 18%), chemicals/ plastic/ rubber, paints, fertiliser/
pesticides (down 13%) showed steepest annual decline.
Online
demand improved in six of 13 occupational groups monitored by the
Monster Employment Index between July 2012 and July 2013.
The
most substantial annual gains amongst occupational groups was
registered in customer service (up 18 per cent) followed by hospitality
and travel (up 10%).
Among occupation groups, senior management exhibited the steepest annual decline (down 56%).
Online recruitment activity was up on the year in six of 13 locations monitored by the index.
Kolkata
(up 21%) followed by Chandigarh (up 15%) led all cities in annual
growth, while, among major metro-areas, Kolkata (up 21%) followed by
Hyderabad (up 2%) registered the highest annual growth.
The
Monster Employment Index India is a monthly gauge of online job posting
activity based on a real-time review of millions of employer job
opportunities culled from a large representative selection of career Web
sites and online job listings across India.
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