On the back of large-scale infrastructure developments across railways, ports and national highways, the infrastructure sector emerged as the top hiring sector with 12% rise in October 2017, says the latest RecruiteX report by TimesJobs.
Industry-wise analysis: Demand grew most in infrastructure
Infrastructure sector saw nearly 12% rise in talent demand in October 2017. Demand for profiles such as production, manufacturing, IT, sales, business development and accounting saw maximum increase in demand in the infrastructure sector, during the month.
Besides, the TimesJobs RecruiteX recorded a Y-o-Y increase of 3% in the infrastructure sector.
“In February 2017 when finance minister Arun Jaitley presented the budget he announced an investment of as much as Rs 3,96,135 crore in creating and upgrading infrastructure in India. On the back of this investment, industry leaders anticipated an increase in talent demand across various infrastructure and related sectors. As we approach year-end, it is indeed reassuring that things are going as per expectations and the infrastructural development is taking shape, further driving the job opportunities,” said Ramathreya Krishnamurthi, Business Head, TimesJobs.
Location-wise analysis: Vadodara top the charts
Among key locations, Vadodara posted the highest rise of 5% in talent demand, as per the latest RecruiteX report. Within top metros Bengaluru witnessed a rise of 2% in hiring activity, in October 2017. Among states, RecruiteX recorded a growth of nearly 19% in Karnataka.
Functional area analysis: Quality control professionals in demand
Demand for quality and process control professionals grew by 12% in October 2017, followed by engineering professionals with 8% rise in demand. Doctors, nurses and medical professionals continued to witness growth in hiring activity. In October 2017, demand for these professionals grew by 6%.
Experience-wise analysis: Demand stabilises for senior professionals
Senior management hiring stabilised in October 2017, with jobs for over 20 years of experience witnessing no growth over the numbers in September 2017. However, in Y-o-Y analysis the hiring for over 20 years of experience bracket rose by 13% and for 10-20 years of experience the demand increase was 1% for the October 2016-October 2017 period.
Key highlights of the report are:
• Top hiring sectors
• Top hiring locations
• Top hiring profiles
- Quality/process control
Click Here to Download the Complete Report – http://bit.ly/2izKkCM
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In the recruitment market, as well, being the biggest platform for competent professionals who think of their careers first, TimesJobs has become the destination of choice for recruiters who seek to engage with the right talent.
Company Name: TimesJobs – Times Business Solutions Limited (A division of Times Internet Ltd)
Contact Person: Neha Singh Verma