Naukri.com, one of India’s leading job sites, said that hiring increased by 10.2% in August as compared to last year, contributed by over 40% hiring growth in Banking and Insurance industry.
Banking and financial industry experienced a growth of 42% whereas the insurance industry witnessed 49% growth during the same period, said the company.
Real Estate as an industry continues to see a slowdown and in August witnessed a 33% reduction in new jobs posted, added the company.
IT recruitment grew 11% and BPO industry hiring had an even more impressive month and clocked 16% growth.
Infrastructure oriented industries saw either sluggish growth or in some cases jobs actually decreased when compared to last year, said the survey.
Construction and Engineering industry saw jobs decrease by 8% whereas Oil and Gas indusry saw jobs decrease by a huge 17%.
Pune and Kolkata by comparison had comparatively better hiring growth of 11% and 12% respectively compared to Delhi, Mumbai and Bangalore which saw annual growth measuring 6%, 2% and 5% respectively.
Naukri.com is one of India’s leading job portals and a flagship brand of Info Edge founded in the year1997.