Online recruitment activity registered an eight per cent growth in October, primarily led by sectors such as education and BPO, says a report. The Monster Employment Index India stood at 249 in October, registering a three point jump over the previous month and an eight per cent jump over October 2015.
Education continues to lead industries with a year-on-year growth of 67 per cent in October. Moreover, the month also witnessed huge festive season sales resulting in increased online hiring in the BPO sector (up 44 per cent) along with the logistics industry (up by 27 per cent) and customer service professionals (up 74 per cent).
“Education sector in the past few months has witnessed sustained strong growth in comparison to the other sectors. The HRD ministry has initiated the process to finalise the New Education Policy and has been swiftly introducing noteworthy changes into the system before the final nod from Niti Ayog,” Sanjay Modi MD Monster.com, APAC & Middle-East said.
Modi added that festivities lead to an increased online hiring activity in the BPO sector along with a steep rise in demand for customer service professionals.
However, growth in the production and manufacturing sector has been declining for the past three months. Reduced consumption, unfavorable private investment climate and a relatively slow pace of growth in reforms have led to sluggish growth in this sector.
City-wise data show metros taking a lead with Kolkata showing the steepest growth (up 28 per cent) while Delhi and Ahmedabad are up by 25 per cent and 24 per cent, respectively.
Among the tier-II towns, Jaipur (up 28 per cent) and Kochi (up 27 per cent) have shown significant growth figures, the report said.
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