Hiring activities surge in 2015 led by logistic, freight

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Press Trust of India Mumbai
Last Updated : Apr 07 2015 | 10:07 PM IST
The overall hiring activities have surged this year, mainly led by logistic, courier or freight segments that registered steep growth of 41 per cent in online hiring activity, Monster Employment Index showed.
"Logistic, courier, freight and transportation exhibits the most notable annual growth among industry sectors. The sectors saw 41 per cent growth in online hiring activity," Monster Employment Index by Monster.Com revealed.
These sectors also saw a 38 per cent month-on-month growth, the highest among industry sectors, it said.
"The Monster Employment Index exhibits a robust 18 per cent growth compared with 2014. With the revival of investment activities and renewed optimism in India Inc, the recruitment market has been galvanised and we expect the momentum to continue in the coming quarters," Monster.Com (India, Middle-East, South East Asia, Hong Kong) Managing Director Sanjay Modi said.
Hiring in the banking, financial services, insurance sector also jumped by 38 per cent. The report said the sector ranked second in terms of long-term gain.
Online recruitment activity in engineering, cement, construction, iron and steel grew by 9 per cent, exceeding the year-ago level for the second month in a row. The long-term growth momentum improved between February and March, it said.
Recruitment activities in automotive, ancillaries, tyres declined by 7 per cent from the year-ago level.
Education sector declined 9 per cent this month, making it the sixth successive year-on-year fall. Shipping and marine sectors also declined by 44 per cent witnessing the steepest annual decline among all industry sectors, it said.
Geographically, Mumbai is leading the list, registering an annual growth of 18 per cent followed by Bengaluru at 2 per cent.
Bengaluru's year-on-year growth was the most restrained among all monitored cities. This month Jaipur also exhibited a positive annual growth of 4 per cent.
Kochi by rising 36 per cent registered the biggest annual growth. Kochi and Baroda (34 per cent) saw notable increase in the long-term growth momentum between February and March.
"Going forward, the hiring sentiment is further expected to be bullish in sectors like infrastructure, e-commerce, logistics, FMCG, consumer durables and financial services," Modi said.
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First Published: Apr 07 2015 | 10:07 PM IST

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