Hiring activity in July up a modest 3%: Naukri.Com

Hiring activity saw a modest growth of 3% in July, year-on-year, led largely by the ITES sector while auto, hospitality, education and healthcare continued to show "slow and steady growth", says a Naukri.com report.

Naukri Job Speak Index for July this year stood at 1,882, up 3% over the same month in 2015.

"Post an impressive 22% growth in June this year, though the index for July shows muted growth of just 3%, good news is the slow and steady growth in the non-IT sectors like auto, hospitality, education and healthcare to name a few," Naukri.com Chief Sales Officer V Suresh said.

While sectorwise, ITES recorded an impressive 46% year-on-year growth, healthcare was up by 23% followed by auto/auto ancillary at 17% whereas IT-software and telecom reported 21% and 32% decline, respectively in the July index.

"Looks like this trend will continue and we can expect the index to move north in the coming months," Suresh added.

Meanwhile, demand for professionals in ITES has grown remarkably, whereas, IT-Software and IT-Hardware showed downward movement of 14% and 15% respectively.

Among the metros, Chennai is the only city which witnessed an upward movement of 7% in July. Whereas, cities like Delhi/NCR, Mumbai, Pune, Bangalore and Hyderabad recorded decline.

While, Delhi reported a decline of 4% in the July index, Mumbai witnessed a downward movement of 11% and Pune, Bangalore and Hyderabad recorded a fall of 14%, 18% and 18% respectively.