Online demand at the Senior Management level exceeded the corresponding period a year-ago by 50 per cent.
Online demand at the Senior Management level exceeded the corresponding period a year-ago by 50 per cent.
New Delhi:
Online recruitment activity in the country eased across sectors in June, largely because of a significant slowdown in IT, production and manufacturing sector, said a Monster.com report.
According to the latest Monster Employment Index (MEI), the online recruitment activities saw a 17 per cent year-on-year growth last month, lower than the past few months. The index had registered a 27 per cent rise in May.
-"The MEI for June 2016 suggests that employment growth has eased in India across sectors,-" Sanjay Modi, MD, Monster.com, APAC & Middle-East, said.
Among the sectors monitored, the hiring activity in IT (Hardware and Software) slowed significantly, registering a 40 per cent year-on-year growth, 22 points lower than in May 2016.
-"This decline could be as a result of the worldwide flat IT spending. Additionally, with the focus on automation in this sector, the hiring may not be linier,-" Modi added.
Moreover, despite the focus on 'Make in India', production and manufacturing sector was down 14 per cent - the steepest month-on-month decline among all monitored sectors. With a 10 per cent progress, banking/financial services and insurance sector continued to grow at a moderated pace.
The e-commerce segment also exhibited signs of slowdown last month. There was a month-on-month decline in opportunities by two per cent.
Going forward, Modi said, -"with the FDI liberalisation and restructuring of the Cabinet at the center, optimism around recovery of the Indian job market can be restored.-"
Online demand increased for 10 occupation groups out of the 13 monitored by the Index and -"there continues to be a high demand for Senior Management professionals.
-"Online demand at the Senior Management level exceeded the corresponding period a year-ago by 50 per cent,-" the report said.
In terms of cities, e-recruitment activity increased in 12 of the all 13 cities monitored by the Index.
-"Among the Tier II markets monitored by MEI - Jaipur (29 per cent), Chandigarh (39 per cent), Coimbatore (24 per cent) and Ahmedabad (28 per cent) - have witnessed a positive year-on-year growth,-" Modi said.
-"This progress in e-recruitment could be due to the government's thrust on improving reach of digital technologies in such markets under the Digital India initiative,-" he added.
