The year 2012 saw a 21 per cent decline in job generation in various sectors across India.
Bangalore ranked third among major cities as over 75,000 jobs were generated between January 1 and December 15, 2012, according to an analysis carried out by Associated Chambers of Commerce and Industry of India (Assocham).
The National Capital Region (NCR) topped the country as over 1.1 lakh jobs were generated during the period followed by Mumbai with over 77,000 jobs. Chennai secured the fourth place by generating over 44,000 jobs.
The least number of jobs were generated in Kolkata (over 25,000) among the top five metros, said D.S. Rawat, secretary-general, Assocham.
Over 5.3 lakh jobs were generated during the period across India. The first half of the year saw over 2.8 lakh jobs generated, said a survey, ‘Job trends across India in 2012’.
Assocham sourced its inputs primarily from data tracked on a daily basis for vacancies posted by about 4,000 companies in job portals such as timesjobs.com, naukari.com, monster.com and shine.com and job-related advertisements published in national and regional newspapers for 56 cities and 32 sectors. Information technology (IT) sector topped the list by generating over 2.1 lakh jobs in the country. Academics and education ranked second with over 34,500 jobs followed by insurance (over 27,100), banking (24,500), automobile (22,890), financial services (22,500), manufacturing (20,400), engineering (18,650), hospitality (16,100) and IT hardware (15,600 jobs).
Academics and education sectors registered a 16 per cent growth in job generation in the first six months of 2012.
The aviation sector registered a job generation growth of over 78 per cent in the second half of the year (till December 15) followed by sports (41 per cent) and retail (6 per cent).
In Delhi, the telecom sector generated maximum employment opportunities with over 53,000 jobs followed by IT (over 11,000 jobs), hospitality, manufacturing, architecture, infrastructure, textile, banking, real estate and gems and jewellery.
Assocham analysis shows that job market has slightly recovered in the last six months as employment generation growth declined by about 15 per cent between July and December 15 while the decline was by over 25 per cent during the first six months of the year.