14% Growth In New Jobs In April 2016 Over April 2015: Naukri

Noida: The Naukri Job Speak Index for the month of April 2016 stood at 1984 recording an increase of 14 percent in hiring activity over April 2015. The growth during this period was predominantly led by sectors such as IT-Software, ITES, Insurance and Pharma. Other sectors such as Banking and Telecom reported sustained growth till December 2015 but reported a negative sentiment for April 2016 over April 2015 index.

Increase in demand for professionals working in IT-Software started from January 2016 onwards and for the month of April 2016, they saw their jobs go up by 18 percent over same period last year. Similar trends were seen for Sales and Business Development professionals where on year on year basis, they saw an 11 percent increase in new jobs.

Demand for professionals in ITES witnessed an impressive 40 percent growth in new jobs creation in the month of April 2016 over April 2015. Demand for professionals in this sector is reporting a positive growth from November 2015 onwards.

V. Suresh, Chief Sales Officer, Naukri.com said, “Job market seems to sustain the momentum gained over the past few quarters with a 14 percent Yeay-On-Year (YOY) growth in April post a 22 percent growth in March. Apart from sectors like IT, ITES and BPO, good to see the Pharma/Biotech sector growing at 15 percent.”

Among the metros, Delhi/NCR leads the city list with a 42 percent growth followed by Hyderabad and Chennai at 30 percent. Bengaluru and Mumbai report 25 percent and 24 percent growth respectively while Kolkata reports a dip of -3 percent in hiring activity in April 2016 over April 2015.

Naukri.com is an Indian job portal operating in India founded in March 1997 by Sanjeev Bikhchandani. As of November, 2015, Naukri.com had a database of about 44 million registered job seekers.