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March e-recruitment up 12% y-o-y: Monster.com

IANS  |  New Delhi 

rose 12 per cent year-on-year (y-o-y) during March, exhibiting highest growth for and accounts, and health care professionals at 32 per cent and 31 per cent y-o-y respectively, a report said on Wednesday.

The report said among the job intensive sectors, although the home appliances sector continued to lead the long-term growth chart with 49 per cent y-o-y growth, the momentum eased by 10 points during the month vis-a-vis February.

According to a report, the home appliances sector was followed by production and -- up 47 per cent -- which ranked second highest in the y-o-y growth chart.

The report said in retail during the month under review matched that of February 2018 at 13 per cent.

As shown by the Index, sales and business development continued to be amongst the most demanded job role despite significant moderation in the pace of y-o-y growth rate from 37 per cent in February 2018 to 27 per cent in March.

"The economic reforms by the government seem to have started impacting the economy in a positive manner and the around key sectors such as production and can possibly be attributed to it," said Abhijeet Mukherjee, CEO, Monster.com-APAC and Gulf.

"The demand for professionals in and accounts can also be a resultant of the massive opportunity created by the GST reforms for people with know-how of the new tax regime," he said, adding: "The digital revolution is mirroring the substantial growth across sectors thereby, escalating opportunities and re-shaping the fundamental nature of work and iterating the constant need to upskill."

City-wise y-o-y growth data showed that among all monitored cities, Kolkata (up 33 per cent) recorded the most notable annual growth rate, however, the growth rate has decelerated significantly in the past months.

The report said Kolkata was followed by Chandigarh (up 29 per cent) and (up 24 per cent).

"activity in saw a growth of 2 per cent in March 2018 down from 5 per cent in February 2018," said the report.

"For Delhi-NCR, the activity eased below the year-ago level by 2 per cent. However, Chennai, Bangalore, and were the most active cities on a month-on-month basis, each registering an increase of 3 percent between February and March 2018," it added.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, April 11 2018. 16:28 IST
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