Online hiring up 6% in January

Production and manufacturing had the most number of jobs to offer

Online hiring activity has seen a 6 per cent year-on-year jump in January 2015 led by production and manufacturing sector, says a report by job portal Monster.com. The outlook for this year looks bullish, the report says.

Monster.Com's employment index, stood at 151 during January, registering 6 per cent growth over January 2014 when it stood at 142.

"The Monster Employment Index continues to show a positive growth momentum with a six per cent growth in January 2015. The production and manufacturing sector grew by 38 per cent y-o-y followed by travel and tourism and IT sector," said Sanjay Modi, Managing Director, Monster.com (India/Middle-East/South East Asia/Hong Kong).

"The indicators suggest that we are moving in the right direction in strengthening our 'Make in India' initiative," he said.

Though the index witnessed a decline of over 5 per cent to 151 in January, from 160 in December, 2014, the outlook looks bullish.

"With the Budget 2015 round the corner, we expect some robust steps from the government that would boost the employment scenario in the country," Modi added.

Industry-wise, 12 of the 27 sectors monitored by the index expanded during January. Production and manufacturing led all industry sectors, thus charting the steepest annual growth, while year-on-year online recruitment activity dropped the most in office equipment and automation sector.

Among occupation groups eight of the 13 monitored segments registered an improvement, led by arts/creative professionals saw the most notable growth in demand from the year-ago; up by 42 per cent.

City-wise, online opportunities exceeded the year-ago level in nine of the 13 cities monitored by the Index. Baroda, up 29 per cent, led all monitored cities by the way of long-term gain for the second month in a row.

Among metro markets, Delhi-NCR saw the highest growth, up 12 per cent.