Tags:
Journalism of Courage
Riding on a robust economic growth forecast,the Naukri.com job index moved up by 16 points to 963 for the month of July-10.
The index thus moved up by 2 % over the June 2010 index indicating a continued improving hiring scenario and a 23% jump when compared to the July 2009 index.
Even though the comparison with July 2009 may seem unfair given those were recessionary times,the continuous upward movement of the job index over the last few months surely instills a lot of confidence in the psyche of the jobseeker.
Given July is among the peak recruitment months and the economy is robust one would expect the index to move up,and it did with a 2 % growth. said,Ambarish Raghuvanshi,Chief Financial Officer,Info Edge.
A deeper analysis of the job index shows significant growth in key industry sectors. While the Auto industry clocked 9% growth in July-10 over June-10,Oil & Gas/Infrastructure jobs grew at 7% over the same time period. On functional areas,while most of the key areas registered growth,what was heartening was to see that the demand for professionals in Sales picked up by 10% in July-10 over June-10. Most of the bigger cities registered growth of close to 5 % with the exception of Bangalore which registered a dip.
Industry Analysis: An optimistic hiring scenario seen among key industry sectors with Real Estate and Retail which were hard hit by the slowdown witnessing a comeback.
