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2013 has started with good news for job seekers in India as January saw the largest improvement in hiring activity during the last 12 months, according to a job index by local job site Naukri.com.
Index points increased by +10% last month with job growth seen in a number of key sectors, including IT-Software, business process outsourcing, banking and oil and gas. All of these industries saw double-digit growth in hiring activity. However, telecom and insurance sectors saw a dip in hiring levels, falling by -6% and -8% respectively.
But recruitment should remain at high levels this year. “2013 will see an improvement in fresh and replacement hiring and there will be demand for skilled candidates,” said Hitesh Oberoi, CEO of Info Edge which owns job portal Naukri.com.
“Improvement in government decision making and buoyancy in financial markets may lead to a much better macro environment in the coming months.”
Positive hiring activity was seen for professionals across important functional areas. Highest demand was seen for professionals in ITES (+18%), software services (+15%) and sales domains (+10%). Production, accounts and HR professionals also saw positive hiring activity with demand rising between 6% and 10%.