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

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

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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.

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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.

“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.

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.

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Krishna Mali
Krishna Mali
Founder, CEO & Group Editor of TechGraph.

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