"A new energised government, quick policy decisions and reforms are pushing up hiring across key sectors. E-commerce and startups continue to contribute significantly to the growth of the job market in 2015. Innovation and technology interventions are creating opportunities that are set to boost employment by creating new and unique roles and jobs, in times ahead. In order to sustain double-digit job growth, investments in IT and manufacturing sectors should be stepped up," explains Vivek Madhukar, COO, TimesJobs.com.
The IT/Telecom sector emerged as the top employment generator in January 2015 with a 19% rise in demand. The sector has witnessed an average 9% increase in demand in the last three months (November to January 2015).
The demand for IT professionals registered a 17% rise in January 2015. The profile has been witnessing a steady increase in demand since June 2014, resulting in an average increase of 5% from June 2014 to January 2015. Logistics/supply chain management was the biggest gainer in January 2015. The profile reported a 24% rise in demand; it witnessed an average 2% rise year-on-year.
The demand for experienced professionals reported an average 12% growth in January 2015. Candidates with over 20 years of experience witnessed 14% rise in demand. The category registered an average year-on-year growth of 3%.
Bengaluru registered an average growth of 19% in January 2015. The average rise year-on-year comes up to 2%. Other metros reported growth in hiring in January 2015 as well. Among tier II locations, Chandigarh topped the chart with a 17% rise in demand.
Other takeaways:
- The logistics and warehousing sector reported a 14% increase in hiring
- The healthcare industry registered a 12% increase in hiring
- Hiring was up by 11% in the automobile and consumer durables/FMCG sector
- The business management/consultants/freelancers segment witnessed a 17% increase
- The doctors/nurses/medical professionals category reported a 26% increase in demand
- Accounting and finance and customer service/tele-calling needs grew by 9%
- The logistics and warehousing sector reported a 14% increase in hiring
- The healthcare industry registered a 12% increase in hiring
- Hiring was up by 11% in the automobile and consumer durables/FMCG sector
- The business management/consultants/freelancers segment witnessed a 17% increase
- The doctors/nurses/medical professionals category reported a 26% increase in demand
- Accounting and finance and customer service/tele-calling needs grew by 9%
- Demand for candidates with 10 to 20 years of experience increased by 11%. Candidates with five to 10 years of experience are even more popular, with a 12% rise in demand recorded. There is healthy demand for candidates with less than two, and two to five years of experience; both of these categories reported an 8% rise in demand.
- Delhi NCR witnessed 16% rise in demand for talent, followed by Chennai (13%). Hyderabad registered a 14% increase in demand.
- Among states, Andhra Pradesh (excluding Hyderabad) witnessed the maximum increase (26%) in demand.
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- Delhi NCR witnessed 16% rise in demand for talent, followed by Chennai (13%). Hyderabad registered a 14% increase in demand.
- Among states, Andhra Pradesh (excluding Hyderabad) witnessed the maximum increase (26%) in demand.
Click here to download the complete report.
