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25% growth in hiring activity in December 2015 over December 2014, says Naukri Job Speak

The hiring sentiment witnessed an increase in Banking/Financial, IT-Software, Telecom and FMCG sector, whereas Oil & Gas and Insurance saw a year-on-year decline in the December 2015 index.

By , ET Bureau | Updated:
25% growth in hiring activity in December 2015 over December 2014, says Naukri Job Speak
NEW DELHI: The job market in India continues to be robust. The Naukri Job Speak Index for the month of December 2015 stood at 1783, recording a 25% growth in hiring activity over December 2014, according to data released by Naukri.com.

The hiring sentiment witnessed an increase in Banking/Financial, IT-Software, Telecom and FMCG sector, whereas Oil & Gas and Insurance saw a year-on-year decline in the December 2015 index.

In terms of functional area, IT-Software employees saw an increase in the demand in the December 2015 index, whereas the demand for Top Management professionals grew by 48% Y-o-Y. Demand for professionals in Pharma, Banking and IT/Hardware industries also witnessed a Y-o-Y growth of 24%, 17% and 9% respectively in December 2015 over December 2014. The demand for professionals in Marketing/Advertising/PR also recorded a Y-o-Y growth of 47%, the Naukri.com statement said.

V. Suresh, Executive Vice President and Chief Sales Officer, Naukri.com said, “The job market continues to sustain the momentum gained over the past few quarters and is moving further north with an impressive 25% YOY growth. Though this growth is predominantly driven by sectors viz., IT, Banking, Telecom, Advertising and Media, the good news is the slow and steady revival of the Non IT sectors. Looks like this trend will continue & the year 2016 will be a year to cheer for jobseekers across sectors.”

Among the metros, Delhi/NCR and Mumbai recorded the maximum Y-o-Y growth in December 2015 index, followed by Bengaluru, the data revealed.
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