Online hiring in auto, ancillary segment up 26% in August: Report

Online recruitment activity in the auto and ancillary sector rose by 26 per cent on a year-on-year basis in August, a Naukri.com report showed on Tuesday.

The Naukri JobSpeak Index for August 2018 showed that the index for the auto and ancillary segment stood at 1,526 in August 2018, against 1,208 in August last year.

"The industries with some of the biggest increases in hiring in August were industrial products and heavy machinery (30 per cent), auto and ancillary (26 per cent) and FMCG (24 per cent), BPO (19 per cent)," the report said.

On an overall basis, online recruitment rose by 17 per cent in August, Naukri.com said

The index has been calculated based on job listings added to the site month-on-month, as per the online job portal. July 2008 has been taken as the base month with a score of 1,000, it said.

"The insurance and construction or engineering industries recorded notable rise in the hiring activity in August 2018 with a growth of 68 per cent and 22 per cent respectively. The oil and gas industry which is undergoing a revival phase, witnessed an increase of 36 per cent in recruitment in August 2018," it added.

Positive hiring sentiment was observed across metropolitan cities such as Mumbai and Chennai where hiring activity increased by 22 per cent and 18 per cent respectively.

--IANS

ravi-rrb/tsb/sed