'India Inc's hiring slows down 6 pc in Dec 09'

Posted By: Staff
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New Delhi, Jan 20: India Inc's hiring activity witnessed a slowdown in Dec 2009, a fall of 6 per cent compared to the previous month, a survey said.

According to survey by job portal naukri.com, the decline in hiring activity in Dec was due to year-end holiday season impacting employers' recruitment plans.

The naukri.com's monthly job index JobSpeak, fell to 713 points in Dec 2009, from 760 in Nov 2009.

However, the survey said that the three-month average index reflected a more steady hiring scenario.

On a three-month moving average basis, the job index (including jobs added and jobs refreshed) moved up by 0.5 per cent, it added.

InfoEdge's National Head-Marketing and Communications Sumeet Singh said, "As employers continue to express confidence and business sentiment grows one expects to see more opportunities in 2010."

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