Online hiring up 17% in June: Monster.com

This registers the 6th month of expansion in a row

Online hiring activity grew 17% in June, year-on-year basis, registering 6th month of expansion in a row, says a survey.

According to job portal Monster.com, the business friendly and stable government has brought in a new ray of hope across sectors and strong hiring activity last month.

The Monster.com employment index, rose 22 points to 153 in June from 123 points in the same month a year ago, up 17%. On a month on month basis, it registered a 2 points increase in June.

"Increased thrust on reviving economic growth, boosting the manufacturing sector and creating more employment has led to growth in India's business confidence," Monster.com (India/Middle-East/Hong Kong/South East Asia) Managing Director Sanjay Modi said.

Year-on-year basis, online recruitment activity improved in 26 industry sectors out of 27 being monitored.

There was an incredible upsurge in online recruitment in the NGO/social services sector with a remarkable 44% growth, year-on-year. The Home Appliances sector is emerging closely followed by the media/entertainment sector.

Meanwhile, online demand expanded in all 13 occupational groups being monitored by the index. There continues to be a greater demand for Senior Management professionals. The group saw a 51% growth in demand between June 2013 and 2014.

A city-wise analysis shows that online opportunities improved in 12 of the 13 cities being monitored by the index. Bangalore (up 34%) continues to lead all monitored cities by the way of long-term growth for the 6th month in succession.

Mumbai ranked among the top five registering a 24% growth on the year. Delhi-NCR; Hyderabad; and Chennai recorded 22%, 16% and 17% growth respectively.

However, though online recruitment in Kolkata was positive on a year-on-year basis, the pace has constantly been moderating since February this year.