The Wall Street Journal cites the Naukri Job Speak Index which records an increase of 22% in hiring activity from a year earlier. Since May this year, hiring activity was up 6.8% the report said.
The index is measured on the basis of job listings added to the site every month. The company says more than 48,000 clients are using the website.
Sectors reporting hiring gains:
- Telecommunications recorded a 44% year-over-year increase in June
- Outsourcing services rose 42%
- Healthcare sector saw a 37% increase in new job activity
- Software services increased 19%
- Auto and auto ancillary recorded a 14% gain
Sectors reporting hiring losses:
- Construction and engineering sector fell 15%
- Real estate recorded a hiring fall of 9%
- Oil and gas hiring dipped 3%
Banking, financial services and insurance, and pharmaceuticals sectors were stagnant.
