Monster Employment Index India rises 11% on the year

India Infoline News Service | Mumbai |

Online recruitment activity exceeded the year-ago level in 16 of the 27 industry sectors monitored by the Index

“Monster Employment Index reveals a consistent improvement in online recruitment vis-à-vis the corresponding period a year-ago.  IT (Software/ Hardware) & Travel/Tourism industry sectors have witnessed a growing trend. Engineering, Cement, Construction, Iron/ Steel sectors also displayed an uptrend in recruitment levels. Demand for hiring senior management professionals has seen a noteworthy incline across occupational groups. The April index gives us the confidence that job opportunities will demonstrate a positive trend in coming months”, 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:

Nov 12 Dec 12 Jan
13
Feb
13
Mar
13
Apr
13
May
13
Jun
13
Jul
13
Aug
13
Sep
13
Oct
13
Nov
13
Dec
13
Jan
14
Feb
14
Mar
14
Apr
14
Y-O-Y
129 136 128 133 133 136 127 131 123 122 120 124 128 135 142 152 151 151 11%

Industry Year-over-year Trends: Online recruitment activity exceeded the year-ago level in 16 of the 27 industry sectors monitored by the Index


Travel and Tourism; and IT - Hardware, Softwaresaw notable expansion in demand between April 2013 and 2014; up 32 percent respectively. The rate of long-term growth improved in both the sectors between March and April 2014


Engineering, Cement, Construction, Iron/ Steel (down four percent) sector charted fewer opportunities on the year for the first time since November’13. Online recruitment activity in the sector neared October’13 level.  Nevertheless, the sector saw an uptrend in recruitment levels, month-on-month


The long-term growth momentum in the Production and Manufacturing (up five percent) sector eased 26 percentage points between March and April 2014. The sector, nevertheless, recorded a positive annual growth for the fourth month in succession. In the related Logistic, Courier/ Freight/ Transportation sector, online recruitment stabilized at the year-ago level following incessant declines since July’13


Automotive/ Ancillaries / Tyres (down 10 percent) continues to chart fewer opportunities vis-à-vis the corresponding period a year-ago; the thirteenth annual decline of the series


Among industry sectors, Chemicals/ Plastic/ Rubber, Paints, Fertilizer/ Pesticides (down 19 percent) saw the most notable decline in recruitment activity yet again.

Top Growth Industries Lowest Growth Industries
Year-over-year Growth Apr
13
Apr
14
% Growth
Y-o-y
Year-over-year Growth Apr
13
Apr
14
% Growth Y-o-y
Travel and Tourism 161 213 32% Automotive/ Ancillaries / Tyres 149 134 -10%
IT - Hardware, Software 140 185 32% Garments/ Textiles/ Leather, Gems &Jewellery 187 163 -13%
Healthcare, Bio Technology & Life Sciences, Pharmaceuticals 155 197 27% Agro based industries 173 150 -13%
Home Appliances  149 184 23% Printing/ Packaging 154 132 -14%
Oil/ Gas/ Petroleum, Power 132 161 22% Chemicals/ Plastic/ Rubber, Paints, Fertilizer/ Pesticides 145 118 -19%


Occupation Year-over-year Trends: Online demand expanded in 11 out of the 13 occupation groups monitored by the Index.


There has been a dramatic improvement in demand for Senior Management (up 51 percent) professionals having charted successive contraction in annual demand from January 2013 until January 2014. The group led all occupation groups year-on-year for the third month


This month online demand for Engineering /Production professionalssurpassed that of the year-ago level for the first time since February 2013. The group registered a marginal two percent increase in opportunities from April 2013


Customer Service(down three percent)and Arts/Creative(down 25 percent)are the only groups to record a plunge in online demand between April 2013 and 2014. Arts/Creative professionals have been witnessing low demand levels, year-on-year, since May’13. A 25 percent drop from the year-ago is the steepest among all occupation groups even in April.


Top Growth Occupations
Lowest Growth Occupations
Year-over-year Growth Apr
13
Apr
14
% Growth
Y-o-y
Year-over-year Growth Apr
13
Apr
14
% Growth Y-o-y
Senior Management 77 116 51% Sales & Business Development 146 152 4%
Legal 144 200 39% Purchase/ Logistics/ Supply Chain 135 138 2%
Health Care 142 196 38% Engineering /Production 113 115 2%
Marketing & Communications 109 143 31% Customer Service 149 144 -3%
Software, Hardware, Telecom 118 149 26% Arts/Creative 149 112 -25%

Geographic year-over-year Trends: Online opportunities exceeded the year-ago level in 10 of the 13 cities monitored by the Index.


Ahmedabad (up 26 percent) supplanted Bangalore (up 22 percent) to lead all monitored cities in long-term growth. Nevertheless, Bangalore continued to chart steep annual growth despite 10 percentage point moderation in pace and exhibited the most notable improvement among all major metro markets. Online recruitment activity in Bangalore eased on the month


Chennai (up five percent) aside all major cities recorded a double digit growth between April 2013 and 2014. Mumbai (up 14 percent); Delhi-NCR (up 10 percent) and Hyderabad (up 11 percent) respectively.


Coimbatore (down 21 percent) recorded the steepest annual decline among all cities monitored by the Index


Top Growth Cities Lowest Growth Cities
Year-over-year Growth Apr
13
Apr
14
% Growth
Y-o-y
Year-over-year Growth Apr
13
Apr
14
% Growth Y-o-y
Ahmedabad 129 162 26% Chandigarh 152 158 4%
Bangalore 155 189 22% Kochi 169 171 1%
Pune 136 157 15% Jaipur 173 154 -11%
Mumbai 147 168 14% Baroda 154 129 -16%
Kolkata 140 156 11% Coimbatore 179 141 -21%


 

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