The Monster Employment Index India is a monthly gauge of online job demand 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.
“Given the current global economic conditions, it is not surprising to see continued single digit annual growth in the Index. However, employers have started the year on a relatively positive note with continued recruitment within large sectors like IT, FMCG and Import/Export,” said Sanjay Modi, Managing Director (India/ Middle East/ South East Asia), Monster.com.
Monster Employment Index India results for the past 18 months are as follows:
Aug 10
|
Sep 10
|
Oct 10
|
Nov 10
|
Dec 10
|
Jan 11
|
Feb 11
|
Mar 11
|
Apr 11
|
May 11
|
Jun 11
|
Jul 11
|
Aug 11
|
Sep 11
|
Oct 11
|
Nov 11
|
Dec 11
|
Jan 12
|
YoY
|
105
|
108
|
106
|
109
|
112
|
113
|
116
|
118
|
124
|
124
|
122
|
123
|
120
|
121
|
119
|
117
|
115
|
120
|
6%
|
Industry Year-over-year Trends: 21 of the 27 industry sectors monitored by Monster Employment Index registered expansion in recruitment activity between January’11 and January’12.
NGO/Social Services (up 31%) exhibited the highest annual growth among sectors
Banking/Financial Services/Insurance emerged from its subdued recruitment period of recent months, gaining 9 points between December’11 and Januray’12. Over the past year, the sector has gained 3% in the Index.
IT - Hardware, Software (up 20 percent) registered the first positive month-on-month growth since September’11
Production and Manufacturing (down 4%) and the related Logistic, Courier/ Freight/ Transportation (down 10%) started 2012 with lower online demand levels than a year ago.
Government/ PSU/ Defense (down 21%) registered the most notable year-over-year decline among industry sectors.
Top Growth Industries
|
Lowest Growth Industries
|
Year-over-year Growth
|
Jan
11
|
Jan
12
|
% Growth Y-o-y
|
Year-over-year Growth
|
Jan 11
|
Jan
12
|
% Growth Y-o-y
|
NGO/Social Services
|
81
|
106
|
31%
|
Production and Manufacturing
|
97
|
93
|
-4%
|
Agro based industries
|
97
|
125
|
29%
|
Printing/ Packaging
|
99
|
94
|
-5%
|
Import / Export
|
95
|
121
|
27%
|
Media & Entertainment
|
107
|
100
|
-7%
|
IT - Hardware, Software
|
118
|
142
|
20%
|
Logistic, Courier/ Freight/ Transportation
|
122
|
110
|
-10%
|
Consumer Goods/ FMCG, Food & Packaged Food
|
95
|
114
|
20%
|
Government/ PSU/ Defence
|
128
|
101
|
-21%
|
Occupation Year-over-year Trends: Online demand improved in 10 of the 13 occupational groups monitored by Monster Employment Index between January’11 and January’12.
Health Care (up 22%) followed by Arts/Creative (up 19%) charted the most substantial annual gains amongst the occupational groups.
Finance & Accounts (up 9%) registered the first positive month-on-month growth since September’11.
Online demand rebounded for Sales & Business Development (up 17%) professionals on a month-on-month basis
Hospitality & Travel (down 5%) and Marketing & Communications (down 4%) exhibited the steepest annual decline among occupation groups
Top Growth Occupations
|
Lowest Growth Occupations
|
Year-over-year Growth
|
Jan 11
|
Jan 12
|
% Growth Y-o-y
|
Year-over-year Growth
|
Jan 11
|
Jan 12
|
% Growth Y-o-y
|
Health Care
|
97
|
118
|
22%
|
Legal
|
119
|
123
|
3%
|
Arts/Creative
|
94
|
112
|
19%
|
Engineering /Production
|
119
|
120
|
1%
|
Senior Management
|
118
|
138
|
17%
|
HR & Admin
|
115
|
114
|
-1%
|
Sales & Business Development
|
109
|
127
|
17%
|
Marketing & Communications
|
104
|
100
|
-4%
|
Software, Hardware, Telecom
|
112
|
127
|
13%
|
Hospitality & Travel
|
141
|
134
|
-5%
|
Geographic year-over-year Trends: Online recruitment activity was up on the year for eight of the 13 locations monitored by the index.
Kochi (up 22%) followed by Coimbatore (up 21%) led all cities in annual growth.
Among major metro-areas, Bangalore (up 18%) is the only city to register a double-digit annual growth. Mumbai and Chennai remain amidst slowest growth markets in the index, both edging down 3 percent on an annual basis
Baroda (down 3%) was amidst the slowest growth markets despite being the strongest monthly gainer
Top Growth Cities
|
Lowest Growth Cities
|
Year-over-year Growth
|
Jan 11
|
Jan
12
|
% Growth Y-o-y
|
Year-over-year Growth
|
Jan 11
|
Jan
12
|
% Growth Y-o-y
|
Kochi
|
118
|
144
|
22%
|
Kolkata
|
113
|
111
|
-2%
|
Coimbatore
|
119
|
|
|
|
|
|
|