1.36 Lakh New Job Added In Q2: Assocham Survey

Mumbai generated 11 percent more jobs (14,649), and Chennai 8,786 while Kolkata saw decline of 2 percent with the reporting period adding just over 6,400 jobs as against 6,500 in Q1.

With over 58,000 new jobs, IT, IT-enabled services and IT hardware sectors topped, at a share of 42 percent or a growth rate of over 12 percent.

The second highest contribution has come from the banking, financial services and insurance with over 22,900 new jobs, a growth of over 32 percent. Construction and engineering sector is at the third slot with over 7,200 new jobs.

Telecom, aviation, pharma and bio-technology, FMCG, energy, hospitality, advertising and event management, sports, merchandising, other manufacturing, automobile, research and consultancy are other sectors which saw job growth.

However, academics/education, realty, agriculture and allied activities, architecture, gems & jewellery, HR, infra, logistics, media, retail, textile and warehousing saw a dip in job generation.

Other cities that contributed to new jobs include Pune (40 percent jump), Ahmedabad (31 percent), Surat (24 percent) and Hyderabad (16.5 percent). But Coimbatore, Gandhinagar, Kanpur, Lucknow, Ludhiana and Meerut saw people losing jobs.

The survey tracked job vacancies posted by over 3,000 companies on job portals, newspaper ads of national and regional dailies and news journals in 56 cities and 32 sectors.

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Source: PTI