Hiring sees 16 pc growth in April

Hiring activity grew by 16 per cent in April compared to a year-ago period, mainly led by the IT industry that registered a 39 per cent growth, according to a report. The Naukri JobSpeak Index for hiring activity for April 2019 stood at 2,477 which is 16 per cent higher from April 2018, when it stood at 2,139.

The IT-software industry recorded a 39 per cent hiring growth over last year in April. Hiring in functional areas like site engineering, sales and business development observed a growth of 26 per cent and 9 per cent, respectively, the report said. “The JobSpeak index for the financial year 2018-19 remained consistent clocking in an average of 12 per cent growth in hiring. This financial year has started with a 16 per cent growth in hiring in April with more companies tapping into the talent pool across sectors,” InfoEdge India CMO Sumeet Singh said.

Keeping in mind this trend, the coming months look positive, he added.

As per the report overall hiring activity in Delhi and Chennai increased by 13 per cent each, while in Mumbai and Hyderabad it  jumped by 11 and 19 per cent, respectively. Similarly, Pune and Bangalore registered an increase of 11 and 23 per cent, respectively. — PTI