Job generation plummeted 21% between Jan-Dec 15

Interestingly, only academics and education sector registered an upward spiralling job generation growth of over 16 per cent in the first six months of the current year.

Job generation growth dipped by over 10-50 per cent in the remaining sectors during this period.

According to the ASSOCHAM analysis, aviation sector registered a job generation growth rate of over 78 per cent in the later half till December 15, 2012 followed by sports (41 per cent) and retail (six per cent). Rest of the sectors registered a dip in job generation ranging over one to 46 per cent during this period.

In Delhi, telecom sector generated maximum employment opportunities with over 53,000 jobs followed by IT (over 11,000 jobs), hospitality, manufacturing, architecture, infrastructure, textile, banking, real estate and gems and jewellery.

The job generation growth in the first half of the current year was the highest in Bangalore as the city generated about 41,500 jobs between January-June 2012 as against 8,600 jobs that were generated in the last six months of 2011 thereby registering a growth of over 381 per cent.

Mumbai (259 per cent), Hyderabad (114 per cent), Ahmedabad (93 per cent), Chennai (81 per cent), Jaipur (33 per cent), Lucknow (12 per cent) and Coimbatore (six per cent) were other cities that registered growth in job generation during the first half of the year.

While, the job generation declined in most of the cities in the later half

... contd.