Hiring activities pick up in July: Naukri.com

Indicating better job market conditions, hiring activities grew across most of the sectors including pharma and insurance in July, says a report.

The Naukri Job Speak Index -- which tracks monthly hiring activities online -- rose to 1,323 last month. This marks an increase of about eight per cent compared to the index reading of 1,230 in June.

Most of the sectors witnessed uptick in recruitment activities in July, job portal Naukri.com said today.

In terms of recruitment, pharma sector registered a monthly growth of 24 per cent in July; while in insurance segment the increase was 18 percent.

"Sectors like telecom and construction have seen a positive trend in July this year, with 11 per cent and 4 per cent growth, respectively," Naukri.com said in a statement.

However, ITeS, banking and financial services saw hiring trends decline 14 per cent and 7 per cent, respectively, last month compared to June.

"It is good to see that hiring has recovered this month. Hiring in the past two months was little sluggish and the employers were in a cautious mode. However, good number of
jobs have been created this month," Info Edge (India) MD and CEO Hitesh Oberoi said. Naukri.com is part of Info Edge group.

According to Oberoi, hiring activities on year on year basis have been marginally positive over the past few months.

Among regions, except for Delhi-NCR, hiring activities saw upward trend last month.