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Naukri: Hiring in IT sector up 8% in February 2017

According to Naukri.com’s Job Speak Index, an indicator of job listings on the portal, hiring activity in the IT – Software/Software Services saw a month-on-month (MoM) increase of 8% while ITES/BPO saw a growth of 21%, in February 2017.

The overall hiring activity on the portal increased by 15% from January to February 2017. Overall, the job index for February stood at 1960. 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.

Sector wise: According to the report, jobs in IT-software and software services sector grew by 9%, with the BPO/KPO sector seeing a growth of 20% from January to February this year. Banking jobs saw the highest growth of 31%, followed by auro with 24%. Telecom/ISP hiring saw a growth of 13% in the same time period.

City wise: All metro cities registered an increase in hiring activity during February, with Delhi leading the way with a 20% growth. Hyderabad came in second at 18%, closely followed by Ahmedabad and Kolkata at 17% and 16% respectively. Mumbai, Bangalore and Chennai also showed double digit growth at 14%, 12% and 11% respectively. Pune was the only city with single digit growth at 4%.

Experience wise: The maximum number of jobs, at 39%, were posted for an experience between 4-7 years. Jobs for 0-3 years of experience accounted for 34% of all the jobs, while 20% of the listings were for experience levels of 8-12 years. Only 5% of the job listings were for seekers with 13-16 years of experience, while 2% of the jobs were for seekers with an experience of over 16 years.

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