Hiring grew 13% in Aug, to pick up further

New Delhi: Hiring activity witnessed a rise of 13 per cent in August over the corresponding period last year, with banking and financial services industry leading the pack, a Naukri.com survey says.

Naukri Job Speak Index for August 2015 recorded a 13 per cent increase in hiring activity over August 2014 and stood at 1,665. "Job market seems to be moving north, sustaining the momentum gained over the first four months of this financial year with an impressive 13 per cent year-on-year growth in August," Naukri.com Executive Vice-President V Suresh said.

Sector-wise, banking and financial services (BFSI) recorded the maximum increase in hiring activity, followed by healthcare, pharmaceuticals, software, telecom and media and entertainment industries. Meanwhile, hiring activity in auto and ancillary stabilised while the insurance sector saw a decline.

"This growth is led by sectors like IT, banking and pharma and we can expect other sectors to pick up in the next few quarters. Looks like exciting times are ahead for job seekers," Suresh added.

Stay updated on the go with The Hans India News App. Click the icons to download it for your device.