Online demand exceeded the year-ago level in 21 of the 27 industry sectors monitored by the index
Online recruitment activity registered 11% growth in April, with production and manufacturing sectors exhibiting the highest long-term growth, says a report.
The Monster Employment Index for April was at 298, a 11% growth from the year-ago period. In April 2017, it stood at 268.
Online demand exceeded the year-ago level in 21 of the 27 industry sectors monitored by the index.
Production and manufacturing (up 54 %) led all monitored industry sectors by way of long-term growth. The growth momentum paced up seven points from 47 % in March 2018, the report said.
This was followed by home appliances, up 45 % y-o-y.
"As Indian economy is positively adjusting to recent reforms, online hiring sentiment is also picking up at a strong pace. Impressively, online recruitment activity around production and manufacturing sector has rebounded, leading to a sharp rise in online demand," said Abhijeet Mukherjee, CEO, Monster.Com- APAC and Gulf.
The report further said that government/PSU/defence (down 34 %) recorded the steepest annual decline among all monitored industry sectors.
BPO/ITES charted fewer opportunities on the year even in April. Nevertheless, the rate of decline relieved from down 24 % in March to down 16 % in April.
"... The ongoing processes of mergers and acquisitions in telecom sector has created a cautious hiring scenario. This reiterates the need for companies to focus on re-skilling and upskilling existing employees and for job seekers to gain new skills,? he added.
Growth momentum exhibited a significant drop in telecom/ISP sector down from 42 % in March to 28 percent in April, the lowest recorded since March 2017.
City-wise data showed improved online hiring demand in all major cities. Jaipur (up 28 %) led all monitored cities, followed by Chandigarh (up 24 %) and Kochi (up 24 %), the reprt by Monster said.
Mumbai with 15 % growth from the year-ago period was the only tier-I city to record a double-digit growth yet-again. Hyderabad and Chennai registered 9 % growth, up from a growth of one % and two % respectively in March 2018.
Online recruitment activity surpassed the year-ago level all 13 occupation groups monitored by the index.
There has been a notable increase in demand for health care professionals in April. The job role saw demand exceed the corresponding period a year-ago by 43 %, the highest recorded among all monitored job roles, the report said.
Finance and account was the next most demanded job role registering a growth of 36 % from the year-ago period.
Online demand for customer service professionals surpassed the corresponding period a year-ago by two % following low levels in the past two month. This, however, is the most restrained year-on-year growth rate recorded among all monitored job roles, it added.
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