Hiring activity sees 14% growth in April: Naukri.com

Hiring activity registered a 14 percent growth in April, led by sectors such as IT-software, ITES, insurance and pharma, says a report by Naukri.com.

The Naukri Job Speak Index for April 2016 stood at 1,984 recording an increase of 14 percent in hiring activity over same month last year.

"Job market seems to sustain the momentum gained over the past few quarters with a 14 percent Y-o-Y growth in April post a 22 percent growth in March. Apart from sectors like IT, ITES and BPO, good to see the pharma/biotech sector growing at 15 percent," Naukri.com Chief Sales Officer V Suresh said.

Sectors like banking and telecom which reported sustained growth till December 2015, reported a negative sentiment for April 2016.

IT software sector saw 18 percent growth in new jobs on good demand for professionals in April over same period last year. Similar trends were seen for sales and business development professionals, where on year on year basis, they saw an 11 percent increase in new jobs.

Meanwhile, demand for professionals in ITES witnessed an impressive 40 percent growth in new jobs creation in the month of April this year over same period last year. Demand for professionals in this sector is reporting a positive growth from November 2015 onwards.

Among the metros, Delhi/NCR leads the city list with a 42 percent growth followed by Hyderabad and Chennai at 30 percent.

Bengaluru and Mumbai reported 25 percent and 24 percent growth respectively while Kolkata reported a dip of (-) 3 percent in hiring activity in April this year, the report said.