Pre-festive Celebrations for job Seekers as Hiring Surge by 8%: TimesJobs RecruiteX

NEW DELHI, September 26, 2016 /PRNewswire/ --

Healthcare was the top Employment Generator of the Month, as Other key Sectors of the Economy Also Contributed Significantly to the Surge in Talent Demand

Just as the festive season begins, it's time for job-seekers to celebrate more jobs as hiring finally picks up pace with an 8% surge in August 2016, after witnessing a numb phase for the last two months.

Talent demand grew by 8 percent during August 2016, as hiring activity revived across key sectors, reveals latest RecruiteX, the recruitment index by TimesJobs.com were the top hiring sectors during August 2016.

"The RecruiteX trend for job growth from last year shows a 4% drop during August 2015. A surge of 8% during the same period this year is a clear indication of a flourishing economy led by job growth in the key sectors of healthcare, construction, BPO/ITeS, BFSI and manufacturing. Government employment generation and entrepreneurial initiatives in the private sector have started showing results and we anticipate a similar recruitment trend in times ahead," says Nilanjan Roy, Head of Strategy, Times Business Solutions.

Key takeaways

- Healthcare sector reported over 30% rise in talent demand

- Doctors/medical professionals posted a 30% rise in demand

- Demand up by 21% for professionals with 10-20 years of experience

- Among metros, Bengaluru leads demand with 18% rise in demand 

Healthcare top hiring sector

Healthcare sector emerged as the top employment generator with over 30% rise in talent demand. The media and entertainment sector registered a growth of 16% during August 2016. Among other key sectors, the BFSI sector witnessed a 9% rise and IT/telecom sector posted an 8% rise in talent demand during the month.

- BPO/ITeS sector reported a 13% increase in demand

- Manufacturing industry registered a 12% rise in demand

- Hiring up by 6% in the automobile sector

Medical professionals in demand

Demand for doctors and medical professionals grew significantly during August 2016. The profile posted a 30% rise in demand during the month. Entertainment/media/journalism professionals saw a 27% rise in demand. Business management, consultants and freelancers reported a 22% increase in demand during August.

- Biotechnology and pharmaceutical profile saw 21% rise in demand

- Engineers reported an 11% increase in demand

- Hospitality professionals witnessed a 19% rise in demand

Experienced professionals in demand

The demand for professionals with more than 5 years of experience reported a significant 17% rise during August 2016. Candidates with 10-20 years of experience witnessed the maximum rise (21%) in demand during the month. This category has registered a consistent average of 11% rise in the last three months. Demand for candidates with less than 2 years of experience also reported a rise of 9%.

- Demand for candidates with over 20 years of experience increased by 19%

- Candidates with 5-10 years of experience posted an 11% rise in demand

- Candidates with 2-5 years of experience posted a 7% rise in demand

Bengaluru - The best performing metro

Among metros, talent demand was the highest in Bengaluru. The city posted a rise of 18% in talent demand during August 2016. It was followed by Chennai with a 13% rise and Delhi-NCR with a 12% rise in talent demand. Among top ten, Lucknow was the top hiring location with a rise of 22% in talent demand.

- Hyderabad posted 15% rise in demand

- Ahmedabad registered 14% increase in demand

- Among states, Gujarat (except Ahmedabad and Vadodara) witnessed 7% rise in demand

Click the link below to download the complete RecruiteX Report:

http://content.timesjobs.com/docs/RecruiteXAug2016.pdf

About TimesJobs:

TimesJobs, a flagship business of Times Business Solutions (TBS), is a platform to help competent professionals make smarter career decisions. With over 25 million registered jobseekers across the board and more than 60 million page views every month, it is fast becoming the most preferred career portal among the candidates. 

TimesJobs is leading in the recruitment and employment space with its pioneering and dynamic divisions because it successfully meets all the needs of the jobseekers. Its major platforms include:

- TechGig: India's biggest dais for tech professionals to help them learn, showcase and compete in the IT industry.

- JobBuzz: A well-known portal that provides information and insights about different companies, job profiles and interview processes. 

- StepAhead: StepAhead offers professional resume writing and distribution services, career astrology, and resume improvement to help jobseekers accelerate their career.

Also, TimesJobs has the largest collection of jobs in the market, which ensures that whenever and wherever there is a great opportunity, jobseekers will discover it on the platform.

In the recruitment market as well, being the biggest platform for competent professionals who think of their careers first, TimesJobs has become the destination of choice for recruiters who seek to engage with the right talent.

Media Contact:
Aseem Seth 
Head of Corporate Communications 
Times Business Solutions - A Division of Times Internet Ltd. 
Email: [email protected]
Twitter: @aseems
Tel: +91-120-663-6338, +91-9910273367