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Hiring activity sees 3% rise in March: Report

Press Trust of India  |  New Delhi 

Hiring activity registered a 3 per cent rise in March driven by significant growth in non-IT sectors like automobile, construction and engineering, says a report.

Naukri JobSpeak Index for March 2018 stood at 2,129 registering a 3 per cent rise when compared to the year ago period.

"There seems to be an air of caution in the IT/ITES sectors and we can expect the market to sustain the momentum gained and move further north in the next few months," said.

Hiring across auto and auto ancillary industry increased by 33 per cent in March 2018 as compared to March 2017, followed by (23 per cent). BPO and grew by 11 per cent and 6 per cent, respectively, the report noted.

In terms of experience, hiring across senior level (with more than 16 years of experience) showed a robust growth of 8 per cent, while the mid (4-7 years) and junior levels (0-3 years) grew by 3 per cent and 6 per cent, respectively, in March 2018 as against a year ago.

Metro cities lead in terms of recruitment activity as saw 4 per cent rise in hiring activity while and Delhi/witnessed a rise of 5 per cent and 3 per cent respectively. Other cities like Chennai, and were flat in terms of hiring activity in March this year, the report added.

The index has been calculated based on job listings added to the site month-on-month. July 2008 has been taken as the base month with a score of 1,000 and the subsequent monthly index is compared with data for July 2008.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 16 2018. 14:40 IST