The Monster Employment Index India is a monthly gauge of online job posting activity based on a real-time review of millions of employer job opportunities culled from a large representative selection of career Web sites and online job listings across India. The Index does not reflect the trend of any one advertiser or source, but is an aggregate measure of the change in job listings across the industry.
“The Monster Employment Index India is carrying slightly less upward momentum than in October, but double digit gains on the year signal ongoing confidence by Indian businesses in the current economy. Sectors like Engineering, Construction; Education, Auto, Healthcare have shown positive annual growth,” said Sanjay Modi, Managing Director, Monster.com (India/ Middle- East/ South East Asia).
Monster Employment Index India results for the past 18 months are as follows:
Industry Year-over-year Trends: 16 of the 27 industry sectors monitored by the Monster Employment Index registered expansion in online recruitment activity between November’11 and November’12.
Media & Entertainment and NGO/Social Services sectors (up 36 percent) exhibited the highest annual growth among sectors
Shipping Marine (up 28 percent), sector showed positive growth in online recruitment activity between November ’11 and November’12
Production and Manufacturing (down 24 percent) showed steepest annual decline
Occupation Year-over-year Trends: Online demand improved in eight of 13 occupational groups monitored by the Monster Employment Index between November’11 and November’12.
Arts/Creative (up 28 percent) followed by Legal (up 14 percent) charted the most substantial annual gains amongst the occupational groups
Finance & Accounts (down eight percent) exhibited the steepest annual decline among occupation groups
Geographic year-over-year Trends: Online recruitment activity was up on the year for 12 of the 13 locations monitored by the index.
Kochi (up 35 percent) followed by Jaipur (up 27 percent) led all cities in annual growth
Among major metro-areas, Bangalore and Hyderabad (up 14 percent) registered the highest annual growth
Delhi-NCR (down three percent) exhibited steepest annual decline amongst occupational groups