ALSO READOnline hiring activity sees marginal increase of 1% in August: Report Volatility in job market continues; May activity sees 4% dip: Report Hiring surges 21% in banking, financial sector in Sept: Naukri.com Online hiring sentiment up by 13% in July: Monster survey Online recruitment activity rises 13% in July: Monster survey
The Naukri JobSpeak index for October this year stood at 1,728, up 9 per cent from 1,580 in the year-ago period.
Key industries like banking/insurance recorded a growth of 28 per cent in hiring in October, while in terms of cities, hiring picked up across all 13 cities tracked, the report noted.
"There seems to be an air of cautious optimism in the job market. The Jobspeak index for October has witnessed a 9 per cent year-on-year growth," Naukri.com Chief Sales Officer V Suresh said adding that though the non-IT sector has led this growth, it is good to see a slow recovery in the IT sector.
Among other industries, auto, construction/engineering and insurance saw a growth of 23 per cent, 22 per cent and 15 per cent, respectively in October.
Going forward, Suresh said the volatility in the job market is expected to continue for a few more months.
In terms of experience bands, senior management roles with experience requirement of over 16 years saw a 14 per cent growth in October as compared to the year-ago period.
Junior level roles for job seekers with 4-7 years of experience saw 8 per cent growth in October.