Hiring activity sees significant uptick in June, says a report

Reflecting improved sentiments, hiring activities rose significantly in June led by accounting and finance industry segments, says a report.

Leading job portal Naukri.com on Wednesday said that accounting or finance industry recorded the maximum year-on-year growth in terms of hiring activities last month.

The Naukri Job Speak Index, which keeps a track of recruitment trends on a monthly basis, jumped 11 per cent to 1,749 last month. In May, the same stood at 1,572.

"While the maximum increase in hiring was recorded in the accounting/finance industry, banking, IT-software, IT-hardware and telecom industries too showed an upsurge in hiring activity (in June)", Naukri.com said in a statement.

"On a year-on-year basis, recruitment activities last month witnessed a decline in certain sectors like oil and gas, auto and real estate. While, the hiring sentiment in the metros like Mumbai, Bangalore and Kolkata recorded an upward movement as mentioned above, Delhi-NCR was stagnant in hiring activity in the June 15 index", the statement said.

Naukri.com's Executive Vice President and Chief Sales Officer V Suresh said job market continues to sustain the momentum gained in April and May with an impressive 11 per cent growth in June.

"Sectors like IT, banking and pharma lead the show right now and we can expect the other sectors to start looking up in the next few months or so", he added.