Moneycontrol PRO
HomeNewsBusinessJune sees 9% rise in hiring activity, says survey

June sees 9% rise in hiring activity, says survey

The metropolitan cities saw a rise in hiring, with Delhi witnessing an 8 percent increase and Chennai seeing a 9 percent increase in hiring.

July 09, 2018 / 17:42 IST
Fifty one percent respondents said their worries about getting a decent job had increased during the COVID-19 pandemic and lockdown

Hiring activity in India increased by 9 percent in June 2018 over the same month last year, according to the Naukri Jobspeak Index. Real estate and auto industries boosted the activity by 19 percent and 26 percent, respectively.

The metropolitan cities saw a positive activity with Delhi witnessing an 8 percent increase and Chennai seeing a 9 percent increase in hiring.

2018 has been a good year for the telecom industry as it is regaining confidence and hiring momentum this year. It saw a continued growth with an increase of 23 percent.

V Suresh, Chief Sales Officer, Naukri.com, told the Economic Times, “The Job Speak Index has shown a healthy 9 percent YoY growth in June after an impressive 11 percent growth in May and 21 percent in April. Non-IT sectors including Auto, Auto Ancillary, Real Estate, Construction, BFSI continue to lead the growth. We can expect the job market to be cautiously optimistic and move further north in the months to come.”

Hiring in the FMCG industry increased by 9 percent, oil and gas sector’s hiring went up by 5 percent and IT-Software saw a 2 percent rise.

Moneycontrol News
first published: Jul 9, 2018 05:42 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347