New Delhi: Owing to the ongoing appraisal season, there is a minor dip of 1.1 percent in Naukri JobSpeak index for Mar, 13, when compared with the previous month Feb, 13. However, the overall index has shown an increase in hiring by 11.5 percent year-on-year. Traditionally, March has always been a month where recruitment slows down across sectors. This year as well has seen a few sectors like IT- Software, Auto and Oil & Gas dip in comparison to Feb 13’. However, hiring in Pharma, Construction and BPO sectors have remained positive in Mar-13 in comparison to the previous month.

 Mr. Ambarish Raghuvanshi, CFO Info Edge (India) Ltd said “We have noticed a small correction after three successive months of growth in the Naukri Job Speak Index of 3 percent , 10 percent and 4 percent respectively in Dec 12, Jan 13’ and Feb 13’. While some of this can be attributed to seasonality, it is also a fact that business confidence levels which play a strong role in hiring intentions continue to be fragile. A sustainable positive trend will emerge once the economy and the environment are seen to be in a growth mode.”

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