Hiring activity sees 25% growth in December

New Delhi: Hiring activity registered 25 per cent growth in December, driven by banking, IT, telecom and FMCG sectors and the outlook for this year remains bullish, says a report.

The Naukri Job Speak Index for the month in 2015 was at 1,783, recording a 25 percent growth in hiring activity over December 2014. "The job market continues to sustain the momentum gained over the past few quarters and is moving further north with an impressive 25 percent year-on-year growth," Naukri.com Executive Vice President and Chief Sales Officer V Suresh said.

Though this growth was largely driven by sectors like, IT, banking, telecom, advertising and media, the good news is the slow and steady revival of the non IT sectors, Suresh said adding that "looks like this trend will continue & the year 2016 will be a year to cheer for jobseekers across sectors". Delhi/NCR and Mumbai lead the growth in hiring activity at 34 percent in the December, while Bangalore witnessed a growth of 28 percent.

Hiring activity in Hyderabad, Pune and Kolkata grew by 17 percent, 15 percent and 5 percent respectively, the report said. During December, IT-software employees saw an increase in the demand, while, demand for top management professionals grew by 48 percent.

Demand for professionals in pharma, banking and IT/hardware industries also witnessed a year-on-year growth of 24 percent, 17 percent and 9 percent respectively in December 2015 over December 2014.

Naukri.com is a recruitment platform that provides hiring-related services to corporates/ recruiters, placement agencies and to job seekers in India and overseas.