PTI India Inc's hiring activity picks up by 1.3 pc in July

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Tue, Aug 18 03:23 PM

India

Inc's hiring activity picked up by 1.3 per cent in July with

improvement in recruitment in IT, real estate and retail sectors, says

a survey by job portal Naukri.com.

 

The Naukri's monthly

''JobSpeak index'' continued to move upwards and edged up by 1.3 per

cent to 727 in July compared to 718 in June.

 

On a three monthly

moving average, the index inched up from 686 in June to 703 in July

with industries including real estate, semiconductors, banking, auto

and IT, witnessing an improvement, the survey said.

 

" The uptrend

over consecutive months is encouraging. Improvement in hiring activity

in lagging industries, such as IT, real estate, retail and auto, echoes

optimism. However, continued increases in hiring activity over the next

few months will indicate a turnaround in economic activity and in

hiring, " Info Edge, owner of naukri.com, National Head Marketing and

Communications Sumeet Singh said.

 

In June, the hiring activity

had increased 8.1 per cent over the previous month. Recruitment

activity in the IT industry remained in the green with hiring up by

four per cent in IT-software, seven per cent up in IT-hardware and

networking and three per cent up in ITeS and BPO.

 

Among cities,

Delhi, Mumbai and Hyderabad saw an improvement, while Bangalore,

Chennai and Pune saw a dip, in hiring activity. Hiring was up in

Pharma, Auto and IT industry. July '09 witnessed an increase in demand

for people with over 8 years of work experience.

 

On a continued uptrend, demand went up by 2% for hospitality professionals.

 

 

HARESH(HARRY)NATHANI VEDIC ASTROLOGER CELL +91 9867214103

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