Hiring Activity Up 3% In July: Report

New Delhi: Hiring activity saw a modest growth of three per cent year-on-year in July, led largely by the ITeS (IT-enabled services) sector while auto, hospitality, education and healthcare continued to show “slow and steady growth”, according to a report by Naukri.com.

Naukri Job Speak Index for July this year stood at 1,882, up 3 per cent over the same month in 2015.

“Post an impressive 22 per cent growth in June this year, though the index for July shows muted growth of just 3 per cent, good news is the slow and steady growth in the non-IT sectors like auto, hospitality, education and healthcare to name a few,” Naukri.com chief sales officer V Suresh said.

While sectorwise, ITeS recorded an impressive 46 per cent year-on-year growth, healthcare was up by 23 per cent followed by auto/auto ancillary at 17 per cent whereas IT-software and telecom reported 21 per cent and 32 per cent decline, respectively in the July index.

“Looks like this trend will continue and we can expect the index to move north in the coming months,” Mr Suresh added.

Meanwhile, demand for professionals in ITeS has grown remarkably, whereas, IT-software and IT-hardware showed downward movement of 14 per cent and 15 per cent respectively.

Among the metros, Chennai is the only city which witnessed an upward movement of 7 per cent in July. Whereas, cities like Delhi/NCR, Mumbai, Pune, Bangalore and Hyderabad recorded decline.

Delhi reported a decline of 4 per cent in the July index, Mumbai witnessed a downward movement of 11 per cent while Pune, Bangalore and Hyderabad recorded a fall of 14 per cent, 18 per cent and 18 per cent respectively.