Pune observes 5% rise in hiring activity in September’16 over September’15: Naukri Job Speak Index
Pune, 20 October, 2016: Pune recorded a 5% increase hiring in September’16 over September’15. The jobs growth which revived in August has been relatively small in the last three months. The real estate sector saw a decrease of 10% in hiring in the same period whereas the ITES/BPO industry saw a growth of 20%. The auto industry’s growth in hiring remained flat at 1%.
The industry analysis revealed that technology oriented industries experienced mixed annual jobs growth. While the IT – Software/Software Services grew at a moderate 6%, ITES/BPO industry on the other hand recorded an impressive 20% growth in September.
Finance industries have shown strong positive growth so far in the 2016 financial year. This trend was further reinforced in September when Banking/Financial Services jobs grew by 25% on a YOY basis while Insurance witnessed an impressive 43% growth. The real estate sector which has seen a general decline in jobs this year also saw an annual dip in jobs by 10%.
Functional Area Analysis:
ITES/BPO/KPO functional area managed to grow at an impressive rate of 26%.
However, functional Areas associated with Infrastructure continue to see a broad based slowdown. Production/Maintenance jobs decreased by 1% YOY while Site Engineering/Project Management saw a steep fall of 14% when it came to annual jobs growth.
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