Freshers Witness Highest Demand In Online Recruitment
The growth momentum for the Production and Manufacturing sector paced up from 64 percent in August to 69 percent in September 2018
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Online recruitment activities registered a 4 percent y-o-y decline for September 2018, according to the Monster Employment Index, exhibiting downtrend for the fourth successive month. The production and manufacturing sector registered the steepest growth among monitored sectors in the Monster Employment Index. The growth momentum for the production and manufacturing sector paced up from 64 percent in August to 69 percent in September 2018.
The retail (up 36 percent y-o-y) sector was the second most actively hiring sector despite the reduction in the pace of growth, down from 48 percent in August 2018.
Occupation wise, the y-o-y demand for Healthcare professionals (up 15 percent) led all monitored job roles. HR & Admin (up 14 percent) and Finance & Account (up 11 percent) professionals also witnessed higher demand when compared with the corresponding period a year ago. Entry level (0-3 years) candidates witnessed the largest y-o-y increase in demand during this period amongst all other occupations monitored.
Abhijeet Mukherjee, CEO, Monster.com, APAC & Gulf said,” The current ease in hiring activity is indicative of a cautious hiring scenario, however the demand for freshers with 0-3 years of experience is on the rise especially across job roles. This puts emphasis on the need to develop corporate programs which enable these young professionals through proper guidance in order to be job-ready. Moreover, non-metro cities such as Chandigarh and Jaipur are outpacing metro cities, showcasing the availability of greater opportunities in tier II cities."
He added, ‘‘Production and Manufacturing continues to lead the online hiring scenario, emerging as a key sector. The Government’s impetus towards making India a manufacturing hub has put the sector in a high growth trajectory, which will definitely enhance India’s position in the world economy.”
City-wise, non-metros outperformed metros with Chandigarh (up 15 percent) and Jaipur (up 2 percent) as the only cities to register positive growth on the year even in September while the pace of growth continued to slide. Month-on-month, e-recruitment activity in these cities expanded by 3 percent and 2 percent respectively.