MUMBAI: The Monster employment index India rose 13% in October when compared to last year on the back of hiring picking up in sectors like shipping, NGOs and social services. All of these sectors recorded a strong annual growth even as production and manufacturing recorded a double digit decline, according to the job portal's findings. Among the cities Coimbatore registered the strongest annual growth for the seventh consecutive month while Bangalorewas the strongest annual gainer among major metro-markets.
"The double digit gains reflect the confidence of Indian businesses in the current economy. Major sectors like IT, engineering, automotive, telecom, healthcare, and education have shown positive year on year growth," said Sanjay Modi, Managing Director, Monster.com (India/ Middle- East/ South East Asia).
The Monster Employment Index India is a monthly gauge of online job posting activity based on a review of employer job opportunities culled from a large representative selection of career web sites and online job listings across India.
Online demand for jobs improved in 10 out of 13 occupational groups monitored by the Monster between October last year and now. Industries such as Arts/Creative went up 25% followed by Legal was up 21%--charting the most substantial annual gains among the occupational groups. Finance & Accounts were down four percent exhibiting the steepest annual decline among all the groups.
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