Banking and Insurance led jobs growth in May – Naukri

The highest demand in the job market during May was for Banking and Marketing professionals, according to patterns calculated by India’s largest employment exchange –

The demand for these two segments rose 18% and 11% (respectively) in just one month, followed by a 4% rise in Software, Accounts and BPO jobs. Sales and Business Development and Production hiring dipped by 2-4%.

In comparison, in March, production and ITES jobs had jumped by 10% and 9% respectively as compared February.

“The services sector in particular displayed strong hiring trends in May-11 with sectors like Telecom, Insurance and Banking witnessing their job speak index move up by 24%, 21% and 13% in May-11 over Apr-11. While IT- Software, ITES and Pharma sectors maintained steady hiring levels, Capital Goods and Construction sectors saw a 4% dip in their hiring activity respectively in May-11 when compared to Apr-11,” Naukri said.

The job scene was the best in Kolkata, with a 14% jump in hiring, followed by Bangalore and Delhi with 9% and 7% respectively. Mumbai remained static. In April, Mumbai was the only city to show even a moderate level of growth. Overall, hiring picked up strongly in May compared to the last month.