New Delhi: With the economy showing signs of recovery, job market is also picking up and hiring is set to pick up pace, a senior official of a job portal on Friday said.
"The market is improving and we expect the coming quarters to be better," Naukri.com founder and Chief Executive Officer Sanjeev Bikhchandani told reporters on the sidelines of TiEcon Delhi conference.
He said that though there are signs of recovery, the growth in hiring by the IT sector is still delayed.
Bikhchandani, however, declined to divulge any percentage
figures.
Talking about other sectors, he said, "Retail will take
more time to pick up and see some growth."
India Inc's hiring activity, which has been on the path
of revival, slowed down in August and dropped 3.6 percent as
compared to the previous month, a report by job portal
Naukri.com said.
Naukri.com, in its monthly Job Speak index for August,
said hiring has dropped 3.6 percent as compared to the
previous month.
The three-month moving average index indicated a positive
trend and had inched up by 1.7 percent in August as compared
to July.
Bureau Report
First Published: Friday, September 18, 2009, 16:10