HomeInsideMEI Reports: Online hiring activity rises 5% from January to September

MEI Reports: Online hiring activity rises 5% from January to September

Reader's Pick

The online recruitment activities in the first nine months of this year have grown by 5 per cent year-on-year, led by a 54 per cent growth in e-hiring by the production and manufacturing sector, a report said Thursday.

The home appliance sector was the second best e-recruiter at 39 per cent, according to the Monster Employment Index (MEI) for January to September 2018.

Other sectors that registered high online hiring demand in the reporting period were telecom (26 per cent), retail (23 per cent) and BFSI (23 per cent).

Monster.com’s Asia Pacific and Gulf chief executive officer, Abhijeet Mukherjee, said the high online hiring activity seen in the production and manufacturing sector is indicative of the efforts by the government to boost manufacturing throughout 2018.

- Advertisement -

“On the other hand, decline in the online hiring growth momentum from double digit (13 per cent) in Q1 2018 to a negative growth of 4 per cent in Q3 could have been due to low volume of demand from sectors such as engineering and construction, healthcare, BPO or ITES and IT sectors,”he said.

The online hiring demand in 2018 has been mostly driven by tier-II cities, the report said.

Chandigarh led the growth chart registering a 21 per cent increase, propelled by faster job growth in media and entertainment (57 per cent) and production and manufacturing (18 per cent) sectors.

Jaipur followed closely at 17 per cent, on the back of significant increase in the BFSI (37 per cent) and the media and entertainment (20 per cent) sectors.

- Advertisement -

Additionally, online hiring grew in double-digits in Coimbatore (12 per cent) and Ahmedabad (10 per cent) as well in 2018, the report said.

However, key metro cities of Mumbai, Delhi-NCR, Hyderabad, Chennai and Bangalore have demonstrated subdued online recruitment trend, according to the report.

“What clearly is a positive trend is the growth of e-recruitment in emerging cities such as Chandigarh, Jaipur, Coimbatore and Ahmedabad,” said Mukherjee.

The Monster Employment Index is a monthly analysis of online job posting activity in India conducted by online recruitment firm Monster India.

close

Stay on top of Budget 2023 with our newsletter

We don’t spam! Read our privacy policy for more info.

close

Stay on top of Budget 2023 with our newsletter

We don’t spam! Read our privacy policy for more info.

- Advertisement -

Read latest Business News and Startup news on TechGraph. Watch live and latest news on TechGraph TV. Follow us on Facebook or follow us on Twitter and Instagram. Listen audio news from TechGraph Briefings on Spotify, Google Podcast, Amazon Music & on Apple Podcast.
 

Krishna Mali
Krishna Mali
Founder & Editor of TechGraph.

Latest News

Promoted Links

Related Stories

Japan approves 26 trillion yen as economic stimulus package to combat overseas risks

Japan's cabinet approved an economic stimulus package worth 26 trillion yen ($2...

Sino-US trade war offers Europe’s chance to bank more Chinese reserves: Analysis

Should European countries want the euro to replace the dollar as the world's do...

1Win App: Review India Apk for Android and iOS

The company 1Win has been successfully operating in the markets of many countri...

Employees union seeks FIR against Jet Airways boss Naresh Goyal, Vinay Dube and on SBI Chairman

The employee union of Jet Airways, which is facing its worst crisis, Friday sou...

Samsung Electronics asks its shareholders to use electronic voting for upcoming AGM

Technology giant Samsung Electronics has adopted electronic voting for the firs...

Rahul Gandhi hits on RCEP says, ‘Make in India’ has become ‘Buy from China’

Asserting that "Make in India" has become "Buy from China," Congress leader Rah...

NASA astronauts to carry first ever all-female spacewalk on 29 March

Two NASA astronauts are scheduled to carry out the first ever all-female spacew...
00:05:54

Union Budget 2023: Five Major Changes to the Personal Income Tax Regime

In a major announcement on income tax changes, the government has revealed five...

Feeding India through Ads: A TechGraph Campaign to feed India

As the second wave of Coronavirus (COVID-19) has affected millions of families ...

Enigmatic Smile Launch India’s First Ever Card-linked-offers App – NDTV Big Bonus

Shortly after announcing their ground-breaking technology partnerships with b...