Online hiring activity up 53% in Nov: Monster Index

Online hiring activities in November grew by 53 per cent compared to the same month last year, led by the retail sector, according to a Monster.Com report.
Monster Employment Index, a monthly gauge of the country's online job demand rose by 76 points to 220 in November this year from 144 in the corresponding period last year.
"The Index for November 2015, exceeded by 53 per cent when compared to a muted growth in November last year. This is a reflection of increased positive business sentiment and faith on business potential from mid to long term perspective", Monster.Com(India, the Middle East, South East Asia and Hong Kong) Managing Director Sanjay Modi said.

Emerging sectors such as e-commerce (along with retail) have dominated the market with the right kind of enthusiasm, he said.
"That is one of the reasons why we see the retail sector achieving the strongest growth year-on-year. The government's push towards health care reforms corroborates the most in-demand occupation growth in the sector.
"If we closely look at some of the other pivotal sectors such as infrastructure, power and manufacturing, those have not taken off as expected, resulting in subdued job opportunities", Modi pointed out.

According to the report, industry year-over-year trends, online recruitment activity surpassed the year-ago level in 22 of the 27 industry sectors monitored by the Index.

However, the retail sector has been recording negative
three-month growth successively since September 2015, indicative of slowdown in hiring activity in the recent months, it added.
The oil, gas, petroleum and power sectors registered the steepest annual decline (down 8 per cent).
The report further revealed that online demand exceeded the year-ago level in all 13 cities monitored by the Index.
Baroda (up 61 per cent) continues to lead all monitored cities by the way of long-term growth despite moderation in the pace of growth, followed by Ahmedabad (up 60 per cent) as the year-on-year growth momentum eased by 13 per cent from 73 per cent in October, 2015.

The year-on-year growth rate in all prime metros diminished, Mumbai with a 58 per cent growth in hiring from last year was among the top employment generating cities.
The annual growth momentum slowed the most in Delhi-NCR (up 24 per cent) and the least in Hyderabad (up 52 per cent) between October and November 2015.
Delhi-NCR also registered the most restrained y-o-y growth among all monitored cities.