The Naukri Job Speak index for Bangalore in Jul-11 grew by 20% as compared to the Jul-10

Sept. 13, 2011 - PRLog -- • Professionals in Software services and BPO saw lower hiring activity in Jul-11, when compared to Jun-11

Bangalore, Sep 13 , 2011:
Bangalore has witnessed a vibrant employment picture in the first half of 2011. This is primarily because the key job creators of the city, IT- Software and ITES were hiring at a rapid pace.  In Jul-11, the job speak index for Bangalore dipped from 1153 in Jun-11 to 1086 in Jul-11, but on a year on year(YOY) comparison the index moved up by 20%.  The year on year growth phenomenon holds true for all the other metros in the country as well.

Other IT hubs of the country, Chennai and Hyderabad have also witnessed dips in their indices by 6% and 11% as compared to the previous month.  As the hiring activity in the IT and ITES sectors has seen some slackening this month, all IT centric cities have also been affected adversely.

“said V Suresh, Executive VP and National Head Sales, Naukri.com

An in-depth analysis of the job index shows all the major sectors in the city have shown dips in their hiring activity. Barring Telecom, which witnessed an 8% upward movement in the index, IT Software, ITES and Capital goods saw their indices dipping by 11%, 24% and 3% respectively in Jul-11 as compared to Jun-11.  However, the three month moving average indices for these sectors does indicate stability.

Mirroring trends of the IT- Software and ITES sector, Software and BPO professionals saw their monthly index dip by 10% and 17% respectively in Jul-11 over Jun-11. The demand for Project Management and Accounts professionals dipped by 5% and 6% respectively when compared with last month.

Thus, on an overall level, the jobs in Bangalore seems to have stabilized at an elevated level, though  Jul -11 has seen lower hiring activity when compared with  Jun-11.


About Naukri.com

Naukri.com, India’s No. 1 job site and the flagship brand of Info Edge revolutionized the concept of recruitment in India. Since its inception in 1997, Naukri.com has seen continued growth while outperforming its competitors in every sphere. Info Edge was the first internet Company to list in India. The site enjoys a traffic share of around 54% as per the June Comscore data.
Naukri.com is a recruitment platform that provides hiring-related services to corporates/ recruiters, placement agencies and to job seekers in India and overseas. It offers multiple products like Resume Database Access, and Response Management tools and its services include Job Postings, and recruiter branding solutions on the site. With 230000 jobs live at any point 26 million CV’s, Naukri.com serviced over 42000 corporate clients in 2010-2011.
The company has over 1700 people operating through 53 offices in 34 cities in India and overseas offices in Dubai, Abu Dhabi Riyadh and Bahrain.

For more detail visit http://jobsearch.naukri.com/jobs-in-bangalore/