October 16 2009
Naukri JobSpeak – September ‘09
- The Naukri JobSpeak at 729, indicates an uptrend in hiring activity by 4.1% in Sept 09 as compared to Aug 09.
- Hiring activity in Mumbai and Chennai was up by 9% and 8.4% respectively in September’09 as compared to August’09
- The ITES/BPO and Real Estate industry saw an increase by 18.3% and 36.8% respectively in September’09 as compared to August’09
- Hiring for ITES/BPO , HR and Admin professionals is gaining momentum with an increase by 21.4% and 10.4% respectively in September’09 as compared to August’09
- Freshers and Trainees showed an increase of 39 % in hiring in comparison to August’09
According to the Naukri JobSpeak, festivities brought a smile as the job index increased by 4.1% in September’09 as compared to August ‘09. On the three month moving average, the index inched up from 715 in August ’09 to 719 in September’09.
“… … …… ” said Hitesh Oberoi, COO and Director, Info Edge.
September’09 saw a positive trend across sectors and cities. The report covering 41 industries shows a phenomenal double digit increase in hiring activities across 14 industries in September. A single digit increase was reflected in 13 sectors whereas 11 functional areas reflected a dip.
ITES, BPO saw a significant push in September’09 as compared to August’09. Out of the top 13 cities, 7 cities saw an upward trend in hiring.
Hiring activity went up across all experience levels. The highest growth was registered in the hiring for Freshers and Trainees which has gone up by 39 %
City wise Analysis: Mumbai and Chennai see a significant increase in hiring activity
Monthly Trends
Out of the top 13 cities, Mumbai, Chennai and Delhi/NCR saw an upward trend in hiring at 9%, 8.4% and 3.5% respectively. Smaller cities like Ahmedabad and Vadodara witnessed double digit growth at 11.8% and 12.5% respectively.
Hiring activity declined by 5.4%, 3.4% and 2.4% in Hyderabad, Bangalore and Pune respectively in September ’09 as compared to August ’09.
Industry Analysis: ITES/BPO and Real Estate saw an increase in double digits in hiring activity
A surge in hiring activity pushed up the indices for most of the industries. ITES/BPO, saw an increase in hiring activity in September’09 by 18.3%. Real Estate and Retail bounced back in September’09 with an increase by 36.8% and 12.2% respectively over Aug 09 but are still considerably away from August’08 levels. Sectors like Construction & Engineering, Insurance and IT Software improved by 6%, 4.5% and 2.1% in September’09 as compared to August’09.
Banking & Finance and Oil & Gas saw a drop in hiring activity by 6.5% and 4.6% respectively in September’09 as compared to August’09.
Functional Area / Department: Hiring for ITES, BPO , HR and Admin professionals is back in action
While hiring activity saw a positive trend across most functional areas, the demand for ITES, BPO professionals grew by 21.4% in September’09 as compared to August’09.
The hiring for HR, Admin and Project Management professionals increased by 10.4% and 9% respectively. Sales and Business Development professionals witnessed a decline in the hiring activity by 3.6% in Spetember’09 as compared to August’09.
Index of Total Jobs
On Total Jobs (this includes refreshed jobs), the index moved up by 4.2% in comparison to Aug 09. According to the Total Jobs Index, the index peaked in Sep’08 at 1004 and bottomed in Dec’08 at 739.
Methodology
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 1000 and each subsequent monthly index is compared with data for July 2008. Data has been sourced from Naukri.com and it reflects job listings and therefore hiring trends on the site. Jobs have been categorized by location, functional area, industry, experience bucket. The index has been analyzed across Cities/ Functional Area - Deptt / Industry verticals. The report (produced monthly) shows hiring trends across industry sectors, geography and functional areas. More than 34000 national and international clients used Naukri.com in 2008-2009, leading to high reliability of data.
About Naukri.com
Naukri.com, India’s No. 1 job site and the flagship brand of Info Edge revolutionized the concept of recruitment in India. Since its inception in 1997, Naukri.com has seen exponential growth year after year. Info Edge completed a successful IPO in November 2006 and became the first internet company to list in India and remains the only listed Internet Company in India.
Naukri.com is a recruitment platform that provides hiring-related services to the corporate/ recruiters, placement agencies and to job seekers in India and overseas. It offers multiple products like Resume Database Access, and Response Management tools and its services include Job Postings, and branding solutions on the site. With 2,00,000 jobs live at any point, Naukri.com serviced over 34000 corporate clients in 2008-2009.
The company has over 1500 people operating through 54 offices in 37 cities in India and overseas offices in Dubai, Riyadh and Bahrain.
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