Hiring in February has seen an increase of 15 per cent compared with the previous month, with the IT sector being in the focus, a report by a job portal said on Thursday.
"Though the Jobspeak index has shown just 1 per cent Y-O-Y growth in February, the good news is the month-on-month growth of over 15 per cent in February compared with January. We can expect the job market to be volatile for the next few months before it tends to move north again," V. Suresh, Chief Sales Officer, Naukri.com, said.
"Key industries like IT-Software and BPO/ITES saw an eight per cent and 21 per cent growth respectively in February compared with January," according to Naukri.com's JobSpeak Index -- a survey which tracks monthly hiring activities online.
According to the survey, among metros, Delhi/National Capital Region recorded 20 per cent increase in jobs during February.
"Increase in hiring activity in major metro cities during February has contributed to the overall rise in hiring activity in the job market. The index for Mumbai, Bangalore and Chennai saw a growth of 14 per cent, 12 per cent and 11 per cent respectively as compared with January," it said.
--IANS
mm/tsb/vt
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
