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E-commerce firms, startups continue to drive job market growth in 2015: Report

Tags: TimesJobs, RecruiteX, IT, Telecom, start-ups, investments, manufacturing sectors,

February 19, 2015 | COMMENTS ( 0 )

E-commerce firms, startups continue to drive job market growth in 2015: Report

Online hiring activity grew by 11 per cent in January 2015, with IT/Telecom leading the demand, reports the latest RecruiteX by TimesJobs. This is the first time since 2012 that online hiring has increased for three months in a row.

"A new energised government, quick policy decisions and reforms are pushing up hiring across key sectors. E-commerce and startups continue to contribute significantly to the growth of the job market in 2015," said Vivek Madhukar, COO, TimesJobs.com.

"Innovation and technology interventions are creating opportunities that are set to boost employment by creating new and unique roles and jobs, in times ahead. In order to sustain double-digit job growth, investments in IT and manufacturing sectors should be stepped up," Madhukar added further.

The IT/Telecom sector emerged as the top employment generator in January 2015 with a 19 per cent rise in demand. The sector witnessed an average 9 per cent increase in demand in the last three months (Nov-Jan 2015).

The demand for IT professionals registered a 17 per cent rise in January 2015. The profile has been witnessing a steady increase in demand since June 2014, resulting in an average increase of 5 per cent in the last eight months (Jun 2014-Jan 2015).

Logistics/supply chain management was the biggest gainer in January 2015. The profile reported a 24 per cent rise in demand; it witnessed an average 2 per cent rise on year-on-year basis.

The demand for experienced professionals reported an average 12 per cent growth in January 2015. Candidates with over 20 years of experience witnessed 14 per cent rise in demand. The category registered an average year-on-year growth of 3 per cent. 

According to TimesJobs RecruiteX, Bengaluru registered an average growth of 19 per cent in January 2015. It reports an average 2 per cent rise year-on-year. Other metros too report growth in hiring in January 2015. Among tier II locations, Chandigarh tops the chart with 17 per cent rise in demand.

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