wordpress blog stats
Connect with us

Hi, what are you looking for?

Naukri: Hiring in IT sector down 11% in October 2016

jobs

According to Naukri.com’s Job Speak Index, an indicator of job listings on the portal, hiring activity in the IT – Software/Software Services as well as ITES/BPO saw a year-on-year (YoY) decrease of 11% and 8% respectively, in October 2016. Hiring in IT-Hardware sector also saw a decrease of jobs posted by 24%.

The overall hiring activity on the portal decreased by 8%, the company mentions mainly due to the impact of the festive season. The job index for October stood at 1580. 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 telesales team. Although the tele-calling data is relatively small, Naukri says that the addition of the same to the index gives a more holistic picture of the Indian job market.

naukrijobspeakoct2016

Sector wise: According to the report, Banking/Financial services saw an increase in jobs by 6% YoY, while insurance sector jobs grew by 21% in the same period. Jobs in engineering and construction, oil and gas and other industries also declined YoY.

City wise: All metro cities registered a decline in hiring activity during October, with Chennai seeing the maximum decline of 39%. Delhi NCR, Mumbai, Bangalore saw a decline of 17%, 35% and 6% respectively, compared to the same time last year. Jobs in Hyderabad remained steady, while jobs posted for Pune and Kolkata also declined by 34% and 29% respectively. The report mentions that other smaller cities saw a similar decline in jobs posted.

Advertisement. Scroll to continue reading.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

While the market reality of popular crypto-assets like Bitcoin may undergo little change, the same can't be said for stablecoins.

News

Bringing transactions related to crypto-assets within the tax net could make matters less fuzzy.

News

Loopholes in FEMA and the decentralised nature of crypto-assets point to a need for effective regulations.

News

The need of the hour is for lawmakers to understand the systems that are amplifying harmful content.

News

For drone delivery to become a reality, a permissive regulatory regime is a prerequisite.

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ