March 2013, marking a positive beginning of the Q2 of 2013, highlights RecruiteX, TimesJobs.com Recruitment Index. On year-on-year comparison, the demand index rose by 4 points in April’13 (94 points) over April’12 (91 points), registering an annual growth of 4.3%.
“The Indian job market is still restrained. However, the positive beginning of Q2 hints towards signs of revival. We are hopeful of a sustainable growth trend across industries in coming months,” said Amit Jain, Senior Vice President & Business Head, TimesJobs.com.
In April’13, IT/Telecom industry exhibited the strongest demand, with a 12% growth on month-over-month basis, among top 10 industries. Healthcare/ Biotechnology/Pharmaceutical (5%) and Entertainment/Media (5%) sector also performed well during the month, by registering single-digit growth in demand. Whereas, high-demand sectors such as ITeS, Consumer Durables/FMCG, Projects/Infrastructure, Construction/Cement, Projects & Infrastructure and BFSI recorded dip in demand in April 2013 over March 2013.
Similar to industry-wise analysis, demand for talent was highest for IT/Telecom (17%) professionals in April 2013. Demand for professionals in Marketing & Advertising, Entertainment/Media and Sales/ Business Development domain moved up by 10%, 8% and 6% respectively during the month. Whereas, functional areas such as Customer Service/Tele Calling (0%), Front Office/Administration (-1%) and Accounting/Finance (1%) witnessed zero to negative movement in hiring activity in April’13.
Amongst metros, Hyderabad (10%) recorded maximum rise in hiring activity during the month, followed by Pune (7%) and Mumbai (2%). in April’13, top performing locations of March’13 such as Bangalore (-1%) and Delhi NCR (-2%) reported dull to negative demand scenario. In state-wise analysis, Rest of Gujarat (except Ahemdabad and Vadodra) (31%) and Rest of Maharashtra (except Mumbai and Pune) (19%) region reported double-digit growth in hiring activity.
Job-seekers with 0-2 years of experience (5%) and 2-5 years experience (1%) were most in-demand in the experience category in April’13. In experience-wise analysis, candidates with 5-10 years of experience (-4%), 10-20 years of experience (-3%) and over 20 years of experience (-10%) reported decline in demand index during the period.
Similar to the demand pattern, the supply index moved up from 200 points in March’13 to 216 points in April’13, indicating increase in job-seeking activity post-appraisal season.Â