Online recruitment rose 12% year-on-year in March: Monster.com

NEW DELHI: Online recruitment activities rose 12% year-on-year (y-o-y) during March, exhibiting highest growth for finance and accounts, and health care professionals at 32% and 31% y-o-y respectively, a report said on Wednesday.

The report said among the job intensive sectors, although the home appliances sector continued to lead the long-term growth chart with 49% y-o-y growth, the momentum eased by 10 points during the month vis-a-vis February.

According to a Monster.com report, the home appliances sector was followed by production and manufacturing -- up 47% -- which ranked second highest in the y-o-y growth chart.

The report said online demand in retail during the month under review matched that of February 2018 at 13%.

As shown by the Monster Employment Index, sales and business development continued to be amongst the most demanded job role despite significant moderation in the pace of y-o-y growth rate from 37% in February 2018 to 27% in March.

"The economic reforms by the government seem to have started impacting the economy in a positive manner and the online recruitment activity around key sectors such as production and manufacturing can possibly be attributed to it," said Abhijeet Mukherjee, CEO, Monster.com-APAC and Gulf.

"The demand for professionals in finance and accounts can also be a resultant of the massive opportunity created by the GST reforms for people with know-how of the new tax regime," he said, adding: "The digital revolution is mirroring the substantial growth across sectors thereby, escalating opportunities and re-shaping the fundamental nature of work and iterating the constant need to upskill."


City-wise y-o-y growth data showed that among all monitored cities, Kolkata (up 33%) recorded the most notable annual growth rate, however, the growth rate has decelerated significantly in the past months.

The report said Kolkata was followed by Chandigarh (up 29%) and Jaipur (up 24%).

"E-recruitment activity in Chennai saw a growth of 2% in March 2018 down from 5% in February 2018," said the report.

"For Delhi-NCR, the e-recruitment activity eased below the year-ago level by 2%. However, Chennai, Bangalore, Kochi and Jaipur were the most active cities on a month-on-month basis, each registering an increase of 3% between February and March 2018," it added.