Jobs Galore! The Naukri Job Speak Index for Feb-12 at 1209 is at its highest value since inception

Hiring activity for Feb-12 is 8% higher than Jan-12 and 15% higher than Feb-11

  • Barring Telecom and Oil & Gas, all sectors witnessed positive hiring activity in Feb-12 when compared to the previous month
  • Positive hiring activity was witnessed across all cities in Feb-12 when compared to Jan-12

India Inc’s hiring activity has rebounded in Feb-12 with the job index at 1209 being the highest ever since the index was introduced. This also dovetails with the optimism in the Naukri Hiring Outlook Survey where 72% of recruiters had said that new jobs will be created in the first half of 2012. A month on month comparison of the job index shows that barring a few sectors, hiring activity in most industries, cities and functional areas have been moving in a positive direction. When we compare the Feb-12 index with the Feb-11 index then there has been a 15% jump in hiring activity. (more…)

The Naukri Job Speak index grew by 4% in Jan-12 when compared to Dec-11, thus kick-starting the year on an optimistic note

  • Positive hiring activity was witnessed across all key industry sectors  in Jan-12 over Dec-11
  • On a year on year comparison the national index moved up by 16% in Jan-12 as compared to Jan-11

There is a reason to cheer for job seekers, because despite the uncertainty prevailing in the overall economic scenario, the Indian job market exhibited positive signs at the beginning of 2012.

The Naukri Job Speak index for Jan- 12 at 1121 is 4% higher than Dec-11 index and 16% more than the Jan-11 index. On a year on year comparison, barring ITES and Construction sectors, all the other key industry sectors have seen double digit percentage hikes in their hiring activity. (more…) launches job search apps for iPhone, Blackberry and Android devices and introduces the best in class HTML5 site, India’s no 1 job site introduces free job search apps on mobile for all smart phone users. This includes special apps for iphone, Blackberry and android devices and an exclusive HTML5 site. In today’s world, where everyone is competing to be ahead of time, these applications will provide jobseekers an efficient and customized way to search and apply for jobs even on the move. These mobility solutions have specially been designed to bring the power of internet job search on mobile, thus ensuring that their users never miss out on any opportunity.

Both the mobile app and the site is enriched with   features which allow jobseekers to filter job openings by Location, Keywords, Functional Area, Experience Bracket and Minimum Expected Salary. Also, users can create up to 5 custom job alerts on the basis of the search criterion defined by them. These job alerts are directly sent to the users’ inbox 3 times a week. (more…) awarded the ‘Best Classified Site’ at the India Digital Awards 2012, India’s no 1 job site has been recognized as the best classified website at the 2nd edition of the India Digital Awards organized by the Internet and Mobile association of India(IAMAI) . This award was presented to the team at India Habitat centre on Jan 18, 2012.

On receiving the award, Sumeet Singh, Senior Vice President Marketing Corporate Communication, Info Edge India said “We are honoured and happy to have garnered this award. We would like to thank IAMAI for recognizing our contribution in the online classified category. As a portal we have always tried to provide innovative solutions to both jobseekers and recruiters so as to enrich their user experience with us “. (more…)

The Naukri Job Speak index for Oct-11 at 921 indicates a 16% dip in new jobs when compared to Sep-11

  • Hiring activity in the  IT- Software  sector  dipped by 13% when compared to the previous month
  • Hiring activity in the all the top cities of the country saw negative movement when compared to the previous month
  • On a monthly level, hiring activity for the Auto and Banking sectors dipped by 26% and 16% respectively in Oct-11 over  Sep-11

India Inc witnessed a 16% decline in recruitment in Oct-11 when compared to     Sep-11, as all key industry sectors and functional areas have witnessed dips in their hiring activity when compared to the previous month.  The double digit percentage dip in hiring can be attributed to the festive season spanning across October as well as the uncertainty in the global economic outlook. However, the three month moving average index indicates stability in hiring activity.

Hitesh Oberoi, CEO and MD, Info Edge said “A look at the index for the past two years shows that there is usually a seasonal dip in hiring during the festive season. However, this year hiring activity has been exceptionally low in Oct as most employers seem to be adopting a more cautious approach towards hiring”. (more…)

Naukri Job Speak index for Sep-11 remains stable, however hiring activity for IT, ITES, Banking and Insurance sectors dips in Sep-11 when compared to Aug-11

  • Delhi, Bangalore and Chennai saw a dip in their indices within the range of 2% and 6% in Sep-11 when compared to Aug-11

  • On a monthly level, hiring activity for the ITES and Telecom sectors dipped by 10% respectively in Sep-11 over Aug-11

  • Hiring activity for  both 8-12 years and 13-16 years experience brackets moved up by 2% respectively during the month

The grim global macro economy is yet to see any significant effect on the overall recruitment scenario in India, but some sectors like ITES and Banking have started witnessing dip in the index thus indicating caution in the environment. The Naukri Job Speak index for Sep-11 shows steady hiring trends with the job index moving up marginally by 0.6% from 1087 in Aug-11 to 1094 in Sep-11.  However, a yearly comparison shows that the index moved up 16% in Sep-11 when compared to the same time last year. (more…)

Strong Hiring Activity in the Auto Sector for over a year, although recent trends indicate deceleration

Hiring activity in the Auto sector in Aug-11 is 4% lower than the Mar-11 levels

On the canvas of the Indian economy, the automotive industry occupies a prominent place. Due to its forward and backward linkages with key segments of the economy, the automotive industry has a strong multiplier effect and is capable of being the driver of economic growth.

Analysis of the job scenario in the Auto sector indicates that 2011 has generated more job opportunities in the sector when compared to pre recession levels or even last year.  In   Aug-11, hiring activity for the auto sector is 13% above the Jan-11 levels and 19% above the Aug-10 levels.  However, when we compare hiring levels of Aug-11 with Mar-11 and Jul-11then the index shows dips in hiring activity by 4% and 2% respectively. This necessarily does not mean slowing down of hiring activity, but it does indicate caution in the environment.

Tracking the Naukri job speak index which indicates jobs created in the Auto sector from July-08 onwards, we have witnessed an improving job scenario after a two year slowdown. (more…)

Naukri Job Speak index for July-11 grows by 10% as compared to the previous year but dips by 6% when compared to last month

  • On a month on month comparison most key sectors and functional areas have witnessed dips in their hiring activity in Jul-11 over Jun-11
  • The Telecom sector, however has shown an uptrend in hiring activity as the index moved up by 8% in Jul-11 as compared to Jun-11
  • Steady hiring activity was witnessed among senior professionals with over 16 years experience

After witnessing a vibrant employment scenario in the first half of 2011, July saw some slackening in hiring activity.  The job index for Jul-11 is 6% lower than the Jun-11 index, but 10% higher than the Jul-10 index. This clearly indicates that although hiring may be lower in Jul-11 as compared to the previous month, the overall jobs created in the month are higher than last year.  The three month moving average indices also indicate steady hiring levels in Jul-11 when compared to Jun-11.

“Concerns of a global economic crunch and rising inflationary pressures are acting as a caution sign for India Inc. Therefore recruiters of some sectors are on a wait and watch mode. This does not mean that companies have frozen hiring, but they are certainly not going overboard. While there is some caution in the near term, medium term indicators for hiring remain positive which was even reflected in the hiring outlook survey where 78% recruiters said that new jobs will be created in the second half of 2011 “said Hitesh Oberoi, Managing Director and CEO, Info Edge India (more…)

78% recruiters anticipate new jobs to be created in the second half of 2011: Hiring Outlook Survey

  • Recruiters see maximum demand in the 4-8 year experience bucket

  • 61% of recruiters face a talent crunch across categories

A survey conducted by with 950+ recruiters across India revealed an optimistic hiring scenario in the second half of 2011. 78% recruiters predict addition of new jobs and only 2% anticipate layoffs.

The Naukri Hiring Outlook survey is conducted twice a year to gauge the hiring trends across sectors. This gives a clear perspective about the employment opportunities in the market and throws light on increments, job opportunities and attrition levels.

The overall sentiment shows that hiring activity will continue to move at a brisk pace over the next six months. The trend for the current survey is in line with the sentiment expressed six months back.

Ambarish Raghuvanshi, Chief Financial Officer, Info Edge said, “Employers began recruiting at a steady pace in the first half of 2011 and confidence levels were high. The survey findings indicate sustainable new job opportunities in the remainder of the year and job seekers can look forward to a favourable hiring environment. However trend , as always will be indexed to growth and business confidence levels”. (more…)

The IT Sector Witnesses the Highest Ever Job Index In September and the Insurance Sector Is At Its Lowest Ever: Says Naukri Job Speak

The IT sector moved up by 45% from 718 in Sept-09 to 1047 in Sept-10

  • Hiring activity in the Insurance sector dipped by 58% in Sept-10 when compared to the same time a year ago
  • On an overall level, the Naukri Job index for Sept-10 continues to maintain steady hiring  levels

The stability of the Naukri Job Speak index for the past four months clearly indicates a steady hiring scenario and improved business sentiment in the country. Although, the index for Sep-10 inched down marginally by 1.2% from 956 in Aug-10 to 943 in Sep-10, the three month moving average index indicates steady recruitment levels. On a year on year comparison the job index moved up by 22% in Sep-10 as compared to the same time over a year ago (more…)

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