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  1. Hiring activity up 10 percent in November: TimesJobs

Hiring activity up 10 percent in November: TimesJobs

Hiring activity in November saw a 10 per cent growth, registering the highest month-on-month rise this year, primarily led by the travel and hospitality sector, says a survey.

By: | New Delhi | Published: December 6, 2016 3:57 PM
According to the latest TimesJobs RecruiteX report, travel & hospitality sector posted a 21 per cent jump in hiring (Reuters Image) According to the latest TimesJobs RecruiteX report, travel & hospitality sector posted a 21 per cent jump in hiring (Reuters Image)

Hiring activity in November saw a 10 per cent growth, registering the highest month-on-month rise this year, primarily led by the travel and hospitality sector, says a survey.

According to the latest TimesJobs RecruiteX report, travel & hospitality sector posted a 21 per cent jump in hiring, followed by infrastructure 18 per cent, petrochemicals 17 per cent and IT and telecom sector 12 per cent increase during the month.

“It is refreshing to see a positive change in recruitment trend as RecruiteX year-on-year data trends show this November spike is quite exceptional, as November had been a slow hiring month since 2011,” Nilanjan Roy, Head of Strategy, Times Business Solutions, said.

The report said demand for hospitality professionals reported a 13 per cent rise in November 2016. IT and telecom professionals posted a 5 per cent rise, accounting, finance, entertainment, media and journalism profiles also saw a 3 per cent rise in demand during the month.

“The data also shows a remarkable increase in travel and hospitality segment – showing the large potential the tourism sector can play in boosting jobs and the Indian Economy,” Roy added.

In terms of cities, talent demand saw the highest growth in Chandigarh. The city posted a rise of 12 per cent in talent demand during November 2016. Lucknow followed with an 11 per cent rise in talent demand.

Among states, Chhattisgarh and Haryana saw 20 per cent and 18 per cent rise in talent demand, respectively, during the month.

“As the digital economy removes geographic barriers, the rise in demand for professionals in cities like Chandigarh and Lucknow shows a change in the demographics of these markets. This is a clear indication for job seekers to explore career opportunities in these upcoming job hubs,” Roy said.

The report noted that the demand for professionals with over 20 years of experience reported an 8 per cent rise during November 2016, while professionals with 10-20 years of experience saw 3 per cent increase and those with less than 2 years of experience reported a 2 per cent rise.

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