Manufacturing sector sees 69% rise in online hiring

Our Burea

New Delhi, October 9

Hiring by the production and manufacturing sector witnessed an impressive 69 per cent year-on-year growth in September making the sector the leader in online hiring for six months in a row, according to Monster Employment Index September 2018.

There has been a 24 per cent spurt in online hiring in the last three months since June, it further said.

Retail was the second-most actively hiring sector, registering 36 per cent growth from the year-ago level. Home appliances came third in the index with a growth rate of 23 per cent on y-o-y. Oil/Gas/ Petroleum/Power and Healthcare also were among the industries that registered growth at 16 per cent and 13 per cent respectively.

Key sector

“Production and Manufacturing continues to lead the online hiring scenario, emerging a key sector. The government’s impetus towards making India a manufacturing hub has put the sector in a high- growth trajectory, which will definitely enhance India’s position in the world economy,” said Abhijeet Mukherjee, CEO, Monster.com, APAC and Gulf.

On the other hand, NGO/social services registered an annual decline of 33 per cent among all the monitored sectors. It was followed by printing/packaging, which witnessed a decline of 22 per cent, and the online hiring came down by 18 per cent in garments/textiles sector.

City-wise, non-metros outperformed metros with Chandigarh (up 15 per cent) and Jaipur (up 2 per cent) as the only cities to register positive growth year-on-year even in September. Month-on-month e-recruitment activity in these two cities expanded by 3 per cent and 2 per cent respectively.

Online hiring activity was lower than the corresponding period a year-ago in the five key cities of Hyderabad, Bengaluru, Chennai (down three per cent), Delhi-NCR and Mumbai.

Published on October 09, 2018

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