Thursday, July 8, 2010

India Inc's hiring jumps 21% in June

India Inc's hiring activity grew by 21 per cent in June this year compared to the year-ago period, led by the improving business sentiment, job portal naukri. com said in a report.

Naukri.com's monthly job index - JobSpeak - moved up to 947 in June this year compared to 784 in the same month of 2009.

Hiring activity in June also showed an improvement over the previous month, with the job index increasing by four per cent in June from 913 in May, the study revealed.

"Companies are actively hiring now and have shed their 'waitand watch' policy. The hiring growth in June is secular in nature, with a balanced rise seen across all sectors and cities," Info Edge (owner of naukri. com) chief operating officer (COO) and director Hitesh Oberoi said.

Meanwhile, according to Elixir, a leading recruitment process outsourcing (RPO) company, India is going to add about 11 million workforce annually and will have 574 million staff by 2015.

"The government has reportedly announced an estimated 2.5 per cent annual growth in employment and a possibility of creating 570 million jobs over the next five years," the company said in a statement.

Source:http://in.news.yahoo.com/

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