Live
- K’taka: Police complaint lodged against petitioner in MUDA case
- Andhra college student jumps to death from hostel building after petty spat
- Bengal: ED investigating bank accounts of Bangladeshi citizens arrested in Hawala scam
- National Racing C'ship: Tijil Rao dominates in Formula LGB4 title race
- Hyderabad Comic Con: A Thrilling Celebration of Comics, Gaming, and Pop Culture
- Football: Trio leave Spain squad, Barrios gets call-up for Nations League clash with Swiss
- Dragon boat races during water festival in Cambodia ends with award ceremony
- Manipur bodies recovery: Widespread mob violence reported, curfew imposed, mobile internet suspended
- WPGT 2024: Hitaashee doubles lead to six shots in 14th Leg; Nayanika Sanga, Vidhatri Urs in pursuit
- Despite ideological differences, Cong has highest respect for Balasaheb Thackeray: Priyanka Gandhi
Online recruitment sees 24% jump in November: Report
Online recruitment activity registered a 24 per cent jump in November - the highest this year - as the impact of demonetisation and GST seems to be bottom out, says a survey.
New Delhi: Online recruitment activity registered a 24 per cent jump in November - the highest this year - as the impact of demonetisation and GST seems to be bottom out, says a survey.
The Monster Employment Index for November stood at 297, up 24 per cent over the year-ago period when it stood at 240. Month-on-month also, the hiring activity improved 5.69 per cent in November.
"The impetus towards improving macroeconomic fundamentals and the slowdown in the economy due to demonetisation and the adjustment impact of GST implementation seems to be bottoming out, placing India on an upward trajectory," said Sanjay Modi, Managing Director, Monster.com, APAC & Middle-East.
Online demand surpassed the year-ago level in 21 of the 27 industry sectors monitored by the Index and home appliances continued to lead the long-term growth chart with 72 per cent year-on-year among all monitored industry sectors.
Moreover, all the 13 occupation groups monitored by the Index registered increased demand, year-on-year. City-wise data showed that there has been improvement in online recruitment activity. Kolkata (up 51 per cent) recorded the most notable annual growth rate among all monitored cities, followed by Baroda (up 46 per cent). Bangalore (up 16 per cent), Chennai (up 13 per cent) and Delhi-NCR (up 6 per cent) also witnessed positive growth on the year.
"Interesting thing to observe is that tier II markets were seen outpacing metros in terms of online hiring but, in November, we have witnessed a significant surge in demand in key metros such as Kolkata, Mumbai and Chennai," Modi said.
He further added that "another noteworthy development has been in the IT sector, where the recruitment has displayed a positive growth and showcases an optimistic scenario from a long-term perspective and recovery of the sector."
