Friday, December 23, 2011

A Report on hiring activity in India

THE MACROSCOPE

SECTORAL ANALYSIS

A deeper analysis of the index shows that Nov-11 has been good in terms of hiring. The festive season had a major impact on recruitment activity and this has recovered in November. Hiring activity in the Construction, Auto and Banking sectors was similar to Sep-11 but was 20% , 34% and 21% higher than Oct-11. ITSoftware, BPO and Telecom sectors on the other hand exhibited strong hiring trends with the job speak indices moving up by 29%, 18% and 14% in Nov-11 over Oct-11. The three month moving average index however indicates a more stable scenario.

FUNCTIONAL AREA ANALYSIS

A month on month analysis of key functional areas shows that the demand for professionals in Production and Software services moved up by 30% in Nov-11 over Oct-11. The demand for professionals in Sales, Accounts and HR moved up by 35%, 31% and 22% respectively over the same time period. The three month moving average indices however for the same sectors shows a marginal increase by 2%, 4% and 1% in Nov-11 over Oct-11.

source: Naukri

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