Hiring activity slows in Oct vs Sep

The recruitment activities improvedin October compared to the same period last year, helped by better trend in ITand telecom sectors, Monster.com said on Tuesday.

The leading job portal's employment index rose 12 per centto 119 last month compared to the same period last year.

However, the index - a monthly gauge of online job demand -slipped marginally compared to September this year.

In a statement released on Tuesday, Monster.com said thatimport/export, IT hardware, software are among the fast moving sectors on anannual basis.

"The Monster Employment Index India maintained positivemomentum with double digit annual growth driven by persistently elevatedrecruitment activity across sectors like IT-Hardware, Software, Telecom ISP andBanking/Financial Services and Insurance," Monster.com's Managing Director(India/ Middle East/ South East Asia) Sanjay Modi said.

According to the statement, banking/financial services/insurance sector continued to exhibit upward annual growth trends despitemoderation in pace.

"Marketing & Communications (down 4 per cent)registered the steepest annual decline while legal professionals sawopportunities taper further on the month...," it added.