Naukri.com register an increase of 10.2% in hiring activity

NEW DELHI: Some good news on the jobs front. After almost a flat growth of 3% in July 2016, the Naukri Job Speak Index for the month of August 2016 register an increase of 10.2% in hiring activity over the same period last year. The jobs growth experienced in August has thus restored the growth momentum.

“As predicted earlier, the job market seems to sustain the momentum gained in the past few quarters. The August index is moving north primarily driven by growth in sectors viz., IT Services, BPO & BFSI," V. Suresh, chief sales officer, Naukri.com said.

He added that bigger metropolitan cities continue to drive this growth. "This trend is likely to continue in the coming quarters," he said.

The growth experienced in August 2016 was primarily driven by technology and financial industries, according to Naukri release.