Naukri Job Speak Index sees 11% increase in July’15

Naukri Job Speak Index sees 11% Increase in July’15

New Delhi, Aug 20: Naukri Job Speak Index for the month of July 2015 was at 1835, registering an 11% increase hiring activity over July 2014. While the BFSI and Telecom industries recorded the maximum increase in hiring activity, the hiring scenario in the Oil and Gas and real estate industries continues to be dismal.

In continuation with the trend witnessed previous month, consulting and medical/pharma professionals continue to witness a high growth in demand in the July’15 index as well. While the hiring activity in Delhi-NCR continued to be stable, Bangalore, Pune and Hyderabad let the tally registered a Y-o-Y growth between 15% – 20% in hiring activity in July 2015 as reflected by the Naukri Job Speak Index.
V Suresh, Executive Vice President and Chief Sales Officer, said, “Job market continues to sustain the momentum gained in the first quarter with an impressive 11% YOY growth in July. Sectors like IT, Banking and Pharma have been leading this growth for the past few months and we can expect the other sectors to pick up in the next six months or so. In my view the financial year 2015-16 will be a year to cheer for the job-seekers.”
Industry Sector Analysis: Apart from the BFSI and Telecom industries, which led the pack as aforementioned IT-Software and IT-Hardware industries reported a Y-o-Y growth of 26% and 21% in hiring activity in the July’15 index.

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