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Job market turns buoyant in November: Monster.com

Job market turns buoyant in November: Monster.com
PTI
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First Published: Tue, Dec 14 2010. 03 57 PM IST
Updated: Tue, Dec 14 2010. 03 57 PM IST
New Delhi: Riding on the back of increased job opportunities, mainly in banking and financial services, the country’s employment scenario remained highly buoyant in November, according to a leading online job portal.
Monster.com on Tuesday said that in November there were more job opportunities in sales and development and customer services apart from strong growth in Tier-II cities.
Indicating improving job trends, the Monster Employment Index India rose to 109 last month from 106 in October. The index offers a snapshot of online job demand.
“The rise in online opportunities in the industrial production and technical sectors, as reflected in the Monster Employment Index, mirrors the current buoyant economic conditions,” Monster.com’s managing director (India/Middle East/South East Asia) Sanjay Modi said.
Online job opportunities for software, hardware and telecom professionals rose last month.
“Banking/Financial Services, Insurance registers the first monthly rise in five months,” Monster.com noted.
As per the portal, job availability levels rebounded for sales and business development personnel. “The group gained five per cent over the previous month; the first positive growth rate witnessed since May 2010,” it added.
Among the 13 cities monitored by the portal, Mumbai saw the most optimistic hiring trends in November with an index score of 117. It was followed by Chennai (115), Hyderabad (109) and Delhi-NCR (107).
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First Published: Tue, Dec 14 2010. 03 57 PM IST