Tuesday, February 9, 2010

Jobs are back !!

Indian job market is now back on the growth path, even though it is still down from July 2008 levels. Naukri JobSpeak Index is in positive territory for month of December when compared to last year's level.   In fact, Y-o-Y growth has shown improvement for the last 6 successive months.





Jul09
Monthly


-27%
3-month Trailing
-21%
Aug09
-22%
-19%
Sep09
-24%
-21%
Oct09
-10%
-18%
Nov09
-5%
-13%
Dec09
2%

-2%

Looking at the sectoral indices, IT Software and Services, Telecom, Retailing continue to lag the overall market, while real estate, NGOs have strong positive trends.  Recruitment is also in strong positive territory.

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