The southern part of India witnessed maximum increase in hiring activity, with two of the major job hubs of the region – Bangalore and Hyderabad, reporting highest growth in demand during June 2013. Chennai also recorded decent growth in demand for talent. Among industries, IT/Telecom, which saw dreary hiring sentiments during May 2013, jumped to top spot in June’13. Retail and Construction/Cement/Metal/Steel/Iron industry also reported significant growth in demand. The Automobile sector, which was the best performing sector during the previous month continued on the growth trajectory, inspite of losing its place in top ten industries of the month. Entertainment/Media/Journalism professionals emerged as the most in-demand professions of the month followed by Business Mgmt./Consultants/Freelancers. Demand for professionals across experience categories witnessed growth, except for the less than two year category. Experienced candidates with over 20 years of experience reported highest growth in hiring activity during the month of June’13.
Positive hiring sentiments prevailed across most industry segments, functional areas, locations and experience categories. Overall, hiring saw a 10 point increase from the previous month.
IT/Telecom industry witnessed maximum hiring activity (18%), followed by Construction/Cement/Metal/Steel/Iron (14%) and Retail sector (14%). Logistics & Warehousing industry also witnessed increase in demand (12%) during June’13
Demand was buoyant for Entertainment/ Media/ Journalism professionals (29%) followed by Business Mgmt./Consultants/Freelancers (17%). Engineering profiles also reported increase (14%) in hiring activity during June’13
Amongst top locations, Bangalore reported maximum growth (42%) in demand during the month, followed by Hyderabad (31%). Among states, West Bengal witnessed highest growth (19%) in hiring activity during the period
The experience demand index for June’13 was upbeat for candidates across categories. Experienced candidates with over 20 years of experience saw maximum increase (21%) in demand. Less than 2 years was the only category to observe drop in demand
Supply index lost 5 points in month-over-month analysis. Healthcare/Biotechnology/ Pharmaceutical contributed, significantly, to this drop in supply of talent, besides other key sectors.
Job-seeking activity declined across major industries. Healthcare/ Biotechnology/ Pharmaceutical witnessed maximum drop (-18%) in supply of talent, followed by Retail sector (-17%)
Unlike demand, Business Mgmt./Consultants/Freelancers professionals reported significant drop (-16%) in job-seeking activity. Engineering professionals also registered noticeable slump (-10%) in supply
Supply of talent was downbeat across major locations. Among top job hubs, Mumbai witnessed maximum drop (-15%) in job-seeking activity during the month. Among states, Tamil Nadu (Except Chennai) saw maximum fall (-19%) in job-seeking activity
Supply of talent was disappointing for professionals across experience categories. Candidates with less than 2 years of experience and over 20 years of experience witnessed maximum slump (-9%) in job-seeking activity
Source: Times of India