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India – Online hiring activity up 6% in February

14 March 2018

Online hiring activity in India saw an increase of 6% in February, according to the latest data from the Naukri JobSpeak Index.

The Naukri Job Speak index for February stood at 2,087, indicating optimism across industries.

“As predicted earlier, the job market continues to be volatile. The Job Speak index has shown a YoY growth of 6 per cent in February,” said V. Suresh, Chief Sales Officer, Naukri.com. “This growth is primarily driven by non-IT sectors like oil and gas, BFSI, industrial products, construction and automobile. The IT sector continues to be under pressure, we can expect this volatility to continue for a few more months before it moves north.”

Meanwhile, among all regions, Mumbai saw a 12% jump in hiring when compared to February 2017. Chennai saw a growth of 5% while New Delhi grew by 4%. Delhi-NCR saw 1% growth, the least of all monitored regions.

Naukri also reported that the demand to hire seasoned professionals in senior management roles with experience of over 16 years saw 16% year-on-year growth. Meanwhile, entry-level jobseekers with 0-3 years of experience rose by 8% in February this year as compared to a year-ago period.

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