According to the latest Employment Index released by Monster India, the number of jobs in tier II cities like Coimbatore, Jaipur, and Kochi is growing faster than the major metros cities. According to the report, while cities like Coimbatore, Jaipur, and Kochi witness high year-on-year growth in offering job opportunities, metro cities like Chandigargh, Ahmedabad, and Kolkata witness a negative growth.
The report, Monster Employment Index, suggests that the overall job opportunity in India rose 5 per in August compared with the same month last year.
The Monster Employment Index is a comprehensive monthly analysis of online job posting activity in India conducted by Monster India. Based on a real-time review of millions of job opportunities culled from a large, representative selection of online career outlets, including Monster India, the index presents a snapshot of employer online recruitment activity nationwide.
While job opportunities in Coimbatore grew 40 per cent, Jaipur witnessed a 14 per cent increase in job offers this August compared to the year-ago period.
Though the Delhi NCR witnessed a zero growth in the period, Bangalore and Mumbai grew by 11 per cent and 7 per cent, respectively. Chandigarh was the slowest growing job market with a negative growth of 6 per cent.
|
Top growth cities
|
Low growth cities
|
|||||||
| Year-over-year Growth |
Aug*
11 |
Aug*
12 |
% Growth
Y-o-Y |
Year-over-year Growth |
Aug*
11 |
Aug*
12 |
% Growth
Y-o-y |
|
| Coimbatore |
139
|
194
|
40%
|
Pune |
124
|
125
|
1%
|
|
| Jaipur |
130
|
148
|
14%
|
Delhi-NCR |
120
|
120
|
0%
|
|
| Kochi |
154
|
173
|
12%
|
Kolkata |
124
|
121
|
-2%
|
|
| Bangalore |
121
|
134
|
11%
|
Ahmedabad |
113
|
109
|
-4%
|
|
| Mumbai |
123
|
132
|
7%
|
Chandigarh |
126
|
118
|
-6%
|
|
* Monster Employment Index
The report suggests that job opportunities in major sectors like IT, ITeS and BFSI declined compared with the last year.
“The Monster Employment Index continues to grow at a moderate pace owing to the cautious sentiment among employers in the current economic scenario. Some of the major sectors like telecom, IT/ITeS, BPO, BFSI, production and manufacturing are showing year-on-year decline,” said Sanjay Modi, managing director, Monster.com (India/Middle- East/South East Asia). He, however, added that “some prominent sectors like engineering, automotive, healthcare, pharmaceuticals, retail, shipping/marine, etc are showing increased recruitment activity”.
According to the data released in the report, the shipping/marine sector exhibited the highest annual growth of 58 per cent. While printing/packaging grew by 23 per cent and garments/textiles/leather and gems & jewellery by 21 per cent, job opportunities in the government/PSU/defence sector declined by 25 per cent, followed by the BFSI sector with a de-growth of 19 per cent.
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