Hiring to pick up in Q3 due to economic recovery: Naukri.com

Hiring to pick up in Q3 due to economic recovery: Naukri.com
PTI
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First Published: Fri, Sep 04 2009. 04 40 PM IST
Updated: Fri, Sep 04 2009. 04 40 PM IST
Chandigarh: Hiring activity particularly in the manufacturing and infrastructure sectors is expected to pick up in the third quarter of this fiscal on the back of the country’s economy showing signs of recovery, a top official of online recruitment portal Naukri.com said.
“We expect the hiring exercise to pick up a bit, particularly in key sectors like manufacturing and infrastructure in the third quarter of 2009-10,” Info Edge (that runs Naukri.com portal) managing director Sanjeev Bikhchandani told reporters here on Friday.
Bikhchandani said as per our job index, the overall hiring activity has increased by 8 to 10% in the last three months, although it is not on the higher side. “It indicates that the economy is getting into the recovery mode which will boost recruitment market,” he said.
He further said six other industry sectors such as information technology, real estate, retail advertising, media and exports would continue to exhibit less job creation in these segments.
“I do not think there will be much job creation in these sectors this year,” he asserted.
Info Edge has a network of 60 offices located in 40 cities throughout India. To cater for the Gulf market it has two offices in Dubai and one in Bahrain and Riyadh each.
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First Published: Fri, Sep 04 2009. 04 40 PM IST