Hiring Activity Up 10 Pct In November In India: TimesJobs RecruiteX Survey

NEW DELHI: Hiring activity in November saw a 10 pct growth, registering the highest month-on-month rise this year, primarily led by the travel and hospitality sector, says a survey. 

According to the latest TimesJobs RecruiteX report, travel & hospitality sector posted a 21 pct jump in hiring, followed by infrastructure 18 pct, petrochemicals 17 pct and IT and telecom sector 12 pct increase during the month. 

"It is refreshing to see a positive change in recruitment trend as RecruiteX year-on-year data trends show this November spike is quite exceptional, as November had been a slow hiring month since 2011," Nilanjan Roy, Head of Strategy, Times Business Solutions, said. 

The report said demand for hospitality professionals reported a 13 pct rise in November 2016. IT and telecom professionals posted a 5 pct rise, accounting, finance, entertainment, media and journalism profiles also saw a 3 pct rise in demand during the month. 

"The data also shows a remarkable increase in travel and hospitality segment - showing the large potential the tourism sector can play in boosting jobs and the Indian Economy," Roy added. 

In terms of cities, talent demand saw the highest growth in Chandigarh. The city posted a rise of 12 pct in talent demand during November 2016. Lucknow followed with an 11 pct rise in talent demand. 

Among states, Chhattisgarh and Haryana saw 20 pct and 18 pct rise in talent demand, respectively, during the month. 

"As the digital economy removes geographic barriers, the rise in demand for professionals in cities like Chandigarh and Lucknow shows a change in the demographics of these markets. This is a clear indication for job seekers to explore career opportunities in these upcoming job hubs," Roy said. 

The report noted that the demand for professionals with over 20 years of experience reported an 8 pct rise during November 2016, while professionals with 10-20 years of experience saw 3 pct increase and those with less than 2 years of experience reported a 2 pct rise. 

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