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Online hiring rises 19 percent in May: urvey

Source : IANS
Last Updated: Fri, Jun 06, 2014 13:30 hrs

New Delhi, June 6 (IANS) Online hiring in India rose by 19 percent in May, the sharpest increase in 15 months, as hopes of business friendly policies under the new government boosting recruitment activities, according to a survey by job portal Monster.com.

Media, entertainment, travel, tourism, business process outsourcing (BPO) and IT enabled services led the rise in the employment activities.

"With a 19 percent growth in the overall hiring activity which has been the highest since February 2013, Monster Employment Index reflects business optimism," said Sanjay Modi, managing director of Monster India.

Industry-wise on a year-on-year comparison, there was a 59 percent growth in the media and entertainment industry making it the top growth sector.

"There is a great deal of overall sanguinity around the new government to revive the economic momentum and constructing an investment friendly environment enabling creation of new jobs," said Modi, who also heads Monster's Middle East, Hong Kong and South East Asia operations.

With 37 percent jump, Bangalore led city wise ranking in the increase in hiring activities.

After Bangalore, Mumbai registered a 27 percent growth in opportunities between May 2013 and 2014. Delhi-NCR; Hyderabad; and Chennai recorded 20 percent, 19 percent and 17 percent growth respectively.




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