Business

Hiring activity sees 10% rise in August: Report

Hiring activity sees 10% rise in August: Report

TIL Desk/Business/New Delhi-Hiring activity in the country jumped 10 per cent in August primarily driven by growth in technology and financial industries, says a report. The Naukri Job Speak Index for the month of August 2016 stood at 1835, recording an increase of 10.2 per cent in hiring activity over the same period last year.

“As predicted earlier, the job market seems to sustain the momentum gained in the past few quarters. The August index is moving north primarily driven by growth in sectors like IT Services, BPO & BFSI,” Naukri.com Chief Sales Officer V Suresh said.

Suresh further noted that the growth momentum in the job market is expected to continue going forward. “While bigger metropolitan cities continue to drive this growth, good to see the emerging markets showing signs of revival & we can expect this trend to continue in the coming quarters,” Suresh said.

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