Functional Area Analysis:
The cautious hiring approach is reflecting in the demand for professionals across sectors. ITES is the only sector which is more or less stable on a month on month basis with the job speak index marginally down by 2 percent in August-13 over July-13. However on a year on year basis the sector has witnessed a 22 percent growth.
Hiring for Engineering and production professionals saw the max dip on a month on month  basis with the Naukri job speak index down by 17 percent & 18 percent respectively in August-13. Demand for professionals in HR, Sales and Accounts also showed a dip in hiring numbers in the range of 5 percent to 10 percent in August-13 over July-13. Software services are showing growth in hiring numbers when compared to last year but has dipped by 8 percent on a month on month basis.
City Wise Analysis:    
All top cities have seen lower hiring numbers over the last one month; Kolkata has witnessed the highest dip in hiring activity with the index going down by 20 percent in August-13 over July-13. Delhi- NCR, Chennai, Mumbai, Bangalore and Hyderabad have also exhibited dip in hiring levels in the range of 4 percent to 9 percent this month.
Year -on-year analysis reveals that Delhi / NCR and Bangalore have fared well with a 10 percent and 11 percent increase respectively in hiring activity. Mumbai is up by 2 percent year on year while hiring activity in Hyderabad has been stable for the same duration.
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