Hiring activity registered a 10 % jump in December over the year-ago period helped by non-IT sectors , says a report.
The Naukri Job Speak Index for last month stood at 1,833, up 10 % over December 2016 and indicating signs of recovery in the job market. In November, the hiring activity saw a 16 % growth year-on-year.
“The job market continues to sustain the momentum gained in November. Non-IT sectors like industrial products, construction, engineering, auto and BFSI have led the growth for the past few months,” said V Suresh, Chief Sales Officer, Naukri.com.
He said that the job market is expected to be volatile for few more months before heading north again.
Key industries like production/maintenance, auto saw a growth of 42 % and 31 %, respectively in December 2017 when compared with the year-ago period.
The index for Kolkata and Chennai grew 40 % and 15 % year-on-year, respectively. While Delhi NCR saw a 7 % growth in hiring, Bangalore witnessed 4 % year-on-year rise during December.
Entry-level jobs requiring 0-3 years of experience and 4-7 years’ experience increased by 33 % and 26 %, respectively in December 2017 as compared to the year- ago period.
Hiring for roles with experience requirement of 8-12 years and 13-16 years witnessed 21 % and 19 % growth in the same period, the report added.