Job opportunities online up by 26 percnt
By
siliconindia | Friday, 17 December 2010, 10:47 IST
Bangalore: As the Indian economy is showing steady growth results are reflecting quite visibly.The Monster Employment Index (MEI) India annual growth rate accelerated to 26 percent in November 2010. The index also rose three points (2 percent) month on month in November.
"Economic indicators show the Indian economy continuing to grow at a steady pace. The rise in online opportunities in the industrial production and technical sectors, as reflected in the Monster Employment Index, mirrors the current buoyant economic conditions," said Sanjay Modi, Managing Director (India/ Middle East/ South East Asia), Monster.com.
Online recruitment saw an expansion in the Banking, Finance and Insurance on a monthly basis in November, gaining 16 percent in November.The month also saw jobs rebounding in the IT sector, with online opportunities jumping six percent between October and November following the lull in October.
Online demand for Finance & Accounts professionals rebounds. Eleven of the 13 occupational groups monitored by the Index registered positive annual growth while eight grew on a monthly basis.
Online demand for Finance & Accounts professionals rebounded with the annual growth trend turning positive, at 3 percent and the occupation group registering its first positive month-on-month growth (5 percent) since April 2010. Following robust growth in the BPO/ITES sector, the demand for customer service professionals showed significant improvements both month-on-months as well as year-on-year.
Online opportunities for Software, Hardware, Telecom professionals jumped two percent between October and November after dipping in October. The group continues to exhibit robust annual growth (29 percent).