Jobs back in demand, say online firms

Things are looking up for job seekers, according to online employment companies Naukri and Monster.

Driven by sectors like IT, healthcare, banking and insurance, life science and pharmaceuticals, the Naukri Job Speak Index surpassed the pre-downturn levels. The job index for April at 1,019 was up by 6 per cent from 962 in March. Even the Monster employment index climbed 8 points (7 per cent) in April. The Monster employment index for April at 125 points was the highest in the last seven months.

Hiring activity for the top industry sectors has been forging ahead strongly, bringing forth this rebound in the job market, according to a Naukri report. A year-on-year comparison showed all industry sectors, cities and functional areas were moving in a positive direction. The Naukri job index for Hyderabad, Pune and Bangalore crossed the July 2008 mark for the first time in April. Hiring activity for Bangalore, Hyderabad and Pune moved up by 18, 17 and 10 per cent, respectively, in April over March. Although the index for Delhi and Kolkata saw a dip in the April index, the three month moving average index moved up 7 and 6 per cent in April over March.