Online recruitment activity rises 12 pc in Jan: Report
New Delhi: Online recruitment activity registered a 12 per cent year-on-year growth in January, led by production and manufacturing sectors as also the outlook for next few months looks positive, says a report.
The Monster Employment Index India for January stood at 284, up 12 per cent compared to the same month last year, while on a month-on-month basis there was a 2 per cent fall.
"It is interesting to note that production and manufacturing sector is on the revival mode, a much-needed impetus in order to create more jobs and solidify the backbone of our economy," said Sanjay Modi, Managing Director, Monster.com, APAC & Middle-East. Modi further noted that online recruitment activity in banking/financial services and insurance sectors registered a surge in January.
"This can be attributed to the conducive investment climate, digital growth and increased savings in the formal financial sector," he said.