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India – Recruiters remain cautious

13 January 2014

Online hiring activity in India registered growth of +5.5% during December 2013, compared with the previous month, according to the latest employment index from online job board Monster. The index, a monthly gauge of the country’s online job demand rose to 135 in December, up from 128 in November, reports investmoneyinindia.com.

Compared with the same month last year, however, the index reported a marginal decline from 136 in December 2012 to 135 in December 2013.

Sanjay Modi, Managing Director of Monster for India, Middle East & Southeast Asia, commented: “Monster’s Employment Index India continues to chart sluggish growth with recruitment activity marginally lower than the year-ago level. While there is a long way to go before it catches up the pre-recession level, the situation appears to be gradually improving as the Index exhibits positive growth on the month.”

The employment index has reported month-on-month improvement since September 2013.

“Recent reports show confidence among businesses regarding the coming quarter but they are likely to adopt a cautious approach while hiring,” added Mr Modi.

In 13 of the 27 industry sectors monitored by the Monster Employment Index, recruitment activity was higher than the same period last year. The IT sector reported the highest annual growth with +22%. In contrast, jobs in social services reported the steepest year-on-year fall of -17%. 

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