According to Naukri.com’s Job Speak Index, an indicator of job listings on the portal, hiring activity in the IT-software and telecom sectors has grown by 29% and 26% year-on-year (YoY) respectively, by December 2015. The overall hiring activity on the portal grew by 25% YoY. Also read: 45% of Naukri’s total traffic is mobile: InfoEdge analyst call On a month-on-month (MoM) basis, the Job Speak Index for the telecom sector decreased from 1389 to 868 in December, while overall hiring was up from 1599 to 1783 in the same period. The IT-software sector on the other hand grew from 2175 to 2366 on a MoM basis in the same timeframe. Note that the index uses the total number of jobs posted in July 2008 scaled to 1000 as a base, and was realigned in December 2014, to take into account the jobs added by the tele sales team. Although the tele-calling data is relatively small, according to Naukri, the addition of the same to the index gives a more holistic picture of the Indian job market. Sector wise: According to the report, the banking/financial services sector saw the highest growth in hiring activity YoY at 35%, while IT/software and telecom sector jobs saw a growth of 29% and 26% respectively. Pharma and BPO sectors also saw a growth of 19% and 16% respectively, while hiring in the oil and gas industry declined by 27% in the same period. City wise: All metro cities other than Chennai, registered a growth in…
