Online job postings are on the rise in India, with July recording a 25 per cent annual growth, highest in 2014.
Among major cities, Baroda has surged ahead of Bangalore with 45 per cent year-on-year growth, says the latest Monster Employment Index.
“The trend is expected to carry on in the coming months as the economy rebounds.
In industry-wise purview, home appliances has shown a remarkable increase of 69 per cent, with telecom being the lowest growing industry,” said Sanjay Modi, managing director, monster.com (India, West Asia, Hong Kong, South-East Asia).
Home appliance continues to lead all monitored industry sectors by the way of long-term growth as recruitment activity climbs 69 per cent above July 2013.
The annual growth momentum improved 13 percentage points between June and July 2014.
The sector has been charting progressive improvement since January this year. Nevertheless, there were fewer opportunities created month-on-month.
Media and entertainment followed closely with 63 per cent growth in online opportunities year-on-year, as the pace of growth improved 10 percentage points between June and July 2014.
Online recruitment in automotive/ancillaries (up two per cent) sector picked up in July, registering a positive year-on-year for the first time since March 2013.
Monster.com said all key employment generating sectors continued to exhibit healthy online recruitment levels vis-à-vis the previous year.
Further, the rate of growth improved in all, between June and July 2014.
Information technology-hardware, software; business process outsourcing/ information technology enabled services; engineering, cement, construction, iron/steel; production and manufacturing; banking/ financial services, insurance; and travel & tourism registered 36, 27, 11, 23, 10 and 44 per cent growth respectively.
IT-hardware, software; and travel & tourism are the strongest sectors charting an average annual growth of 33 per cent in 2014 so far.
Online recruitment activity in telecom sector is down 17 per cent from the year-ago level. The sector recorded the most notable annual decline among all monitored industry sectors.
Online demand continues to escalate for senior management professionals.
Demand for the group surpassed the year-ago level by a notable 59 per cent. At the same time, online demand for the group continues to ease on the month; down five per cent.
Engineering/production professionals witnessed a double-digit growth in online demand, year-on-year, for the first time since April 2011.
The rate of long term growth improved 23 percentage points from five per cent in June 2014 to 29 per cent in July 2014.
Among major cities, Bangalore (up 41 per cent) ranked at the top in terms of increase in online hiring between July 2013 and July 2014.
While the long-term growth momentum improved in all five metro-markets between June and July 2014, online recruitment in Mumbai, Bangalore and Hyderabad eased from the three-month ago level.
Year-on-year, Mumbai, Delhi-NCR, Hyderabad and Chennai registered 32, 27, 20 and 32 per cent growth, respectively.
