Optimism rules job market

There is optimism in the job market as hiring is expected to see a 10 per cent increase this year vis-a-vis last year. According to a survey report by naukri.com, 70 per cent recruiters confirmed increase in hiring activity in the second half of the year.

With the economic growth picking up, and new jobs being created, the number of layoffs has reduced. Layoffs are expected to be negligible in the coming six months, as have been indicated by only two per cent of recruiters. More than half of the recruiters predicted that hiring would take place in sales, marketing, IT and operation sectors. 

V. Suresh, chief sales officer, Naukri.com, said, “The survey results herald a positive sentiment and the job market is likely to move further north. Looks like sectors like IT-software, construction, BFSI and auto will lead this growth. Good times ahead for jobseekers.”