The ongoing market slowdown doesn’t seem to have any impact on Ahmedabad’s job market. For, the city has witnessed a 31% rise in new jobs generation in the second quarter of 2013-14.
Finance, construction companies & IT are the sectors which have provided maximum jobs.
However, nationally, the new job generation during the quarter of July to September has surged by about 9% as against the previous quarter (April-June), apex industry body Associated Chambers of Commerce and Industry of India (Assocham) said on Saturday.“A total of over 1.36 lakh new jobs were generated in various sectors across India during second quarter (Q2) of FY14 which increased from over 1.25 lakh new jobs that were generated during Q1. Top five metros viz. Bangalore, Chennai, Delhi-NCR, Kolkata and Mumbai together account for about 61% of these new jobs,” according to a sector-specific analysis on ‘Job Trends Across Cities & Sectors,’ conducted by Assocham. Among other tier-I centres, Pune registered massive surge in new job generation about 40 per cent followed by Ahmedabad (over 31 %), Surat (24 %) and Hyderabad (16.5%), said the report. In the tier II category, Amritsar, Allahabad, Aurangabad, Bhopal, Vadodara, among others registered rise in new job generation.
Sadly, Coimbatore, Gandhinagar, Kanpur, Lucknow, Ludhiana and Meerut have registered a decline in new job generation, highlighted the Assocham analysis.
With over 58,000 new jobs, information technology (IT), IT enabled services (ITeS) and IT hardware sector have garnered the highest share of over 42% in the new job generation. The sector clocked an overall growth of over 12% in Q2 compared to over 49,500 new jobs created in the previous quarter, said DS Rawat, secretary general of Assocham.
“The banking, financial services and insurance (BFSI) has been ranked as the second highest job generating sector with over 22,900 new jobs registering a growth of over 32%,” he said.
Construction and engineering sector are also among the major contributors generating 7,200 new jobs a growth of over 10.5%.
Among cities, Delhi-NCR remained on top with highest share (over 23.6%) in the new job generation across India.
However, new job generation in Delhi-NCR plummeted by over 5% during this period from over 34,200 to over 32,300,” said Rawat. Amid other tier I centres, Bangalore stood second with over 21,000 new jobs generated during Q2 registering a growth of over 12%.